SHOPPERS will soon find it easier to pay bigger amounts using contactless, under the City regulator’s plans. The current ...

The current rules mean people can make payments of up to £100 per transaction when using physical contactless cards.

When contactless card payments were introduced in 2007, the transaction limit was set at £10. The limit was raised gradually, to £15 in 2010, to £20 in 2012, then to £30 in 2015, before the Covid ...

Martin Quinn says new rules to increase the cap on contactless card spending will make things worse for many consumers ...

As well as a £100 limit for a single contactless card transaction, there is also a cumulative total of £300 in contactless ...

Shoppers could find it easier to pay bigger amounts using contactless, under new plans. The current rules mean people can only make payments of up to £100 per transaction when using physical ...

Contactless card transactions have quickly emerged as popular payment methods in recent years. Instead of swiping your card or using a chip, you can simply scan the card or use a mobile device without ...

The shake-up was among dozens of proposals suggested by the financial regulator in a letter to the Prime Minister after the ...