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 ...

As well as a £100 limit for a single contactless card transaction, there is also a cumulative total of £300 in contactless ...

Banks will be allowed to introduce their own contactless payment limit for customers early next year under plans from the FCA ...

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

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 ...

SHOPPERS will soon find it easier to pay bigger amounts using contactless, under the City regulator’s plans. The current ...

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 - ...

Huge changes could soon be coming to contactless payments made in the UK. The current rules mean people can make payments of ...

the focus must remain on balance, enabling fast and convenient payments while promoting responsible spending and strong ...