These regulatory changes are scheduled to commence on March 19, though individual firms will decide when to adopt the ...
The current rules mean people can make payments of up to £100 per transaction when using physical contactless cards.
The current rules mean people can make payments of up to £100 per transaction when using physical contactless cards.
Under changes being made next year by the Financial Conduct Authority (FCA), banks and payment providers with strong fraud ...
As well as a £100 limit for a single contactless card transaction, there is also a cumulative total of £300 in contactless transactions, or no more than five consecutive contactless transactions, ...
Contactless card payment rules will over overhauled for millions of bank customers next year under new plans drawn up by the ...
Banks and card providers will be given the power to set a maximum - or unlimited - single payment amount for contactless payments.
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