The contactless spending limit of £20 (US$30) has risen to £30 (US$46) across the UK today. “Software will be rolled out across retailers who accept contactless payments from September 1,” The UK Cards Association says. “Once a terminal has updated, it will be able to process contactless transactions up to the new £30 limit.” The trades body has published guidance for retailers.
- Apple Pay to go live in Mexico “very soon”
- Economists propose single global digital currency
- Dejamobile white paper explains how software-only POS solutions will drive wider adoption of in-store contactless payments
- Antelop launches secure customer authentication SDK
- Mastercard adds NFC payments to virtual corporate cards
This article is more than five years old