Banks and payment providers will be able to set their own contactless payment limits from March 2026, with the current £100 ...

Shoppers could find it easier to pay bigger amounts using contactless, under the Financial Conduct Authority’s (FCA) new ...

The City regulator is paving the way for shoppers to make larger contactless payments, moving beyond the current £100 ...

When contactless card payments were introduced in 2007, the transaction limit was set at £10. The limit was raised gradually, ...

Speaking about the benefits for shoppers, Mr Jones said: "For consumers, the real win is not higher limits, but greater ...

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

Under the current rules, people can make payments of up to £100 per transaction when using physical contactless cards. But ...

The card network and bank technology seller partnered to expand AI protocols, while British payment companies face tougher fee disclosures but looser rules for contactless transactions. That and more ...

The Financial Conduct Authority (FCA) is to give banks and payment providers greater flexibility over contactless payment ...

Banks will be allowed to set their own contactless spending limits from March, with consumer protections remaining in place - ...

Nomba, an African payments company, says it is tackling both problems head-on—by speeding up in-store payments and ...

The limit jumped to £45 in 2020 before reaching £100 in October 2021. Now fresh regulations have been unveiled by the ...