Tag Archives: contactless

In response to extensive pressure from BRC (British Retail Consortium) and widespread consumer demand, the contactless limit for in-store card transactions will increase from £30 to £45. This move is being introduced in response to the coronavirus epidemic, to reduce the need for physical contact with PIN-Entry Devices (PEDs) at …

‘Touch and go’ or contactless payments are surging in popularity, with spending up by more than a third since the turn of the year, according to Barclaycard. More than half (51%) of all transactions up to the eligible spending limit of £30 are now made using contactless – which shaves …