FCA proposes wipeout of £100 contactless payment limit
Contactless card payments could soon exceed £100 and may even become unlimited under new proposals that would allow banks and card issuers to set their own limits. The Financial Conduct Authority (FCA) has suggested changes that would make entering a four-digit PIN at the checkout increasingly rare. If approved, shoppers could tap their cards for … Continue reading FCA proposes wipeout of £100 contactless payment limit
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