Major 100 contactless card limit rule is set to change this week
New UK regulations effective March 19 allow banks and payment providers to set their own contactless card payment limits based on fraud controls, though major banks maintain the current £100 limit for now.
From March, banks and card providers can set higher or unlimited contactless payment limits and are encouraged to let customers set or disable individual limits.
Major 100 contactless card limit rule is set to change this week
New UK regulations effective March 19 allow banks and payment providers to set their own contactless card payment limits based on fraud controls, though major banks maintain the current £100 limit for now.