You could soon be tapping to pay for things even more than £100, under proposals set out by the Financial Conduct Authority. We can’t promise you’ll have that much in your bank account if you do so, ...
Contactless card payments are set to exceed £100 and potentially become unlimited under new proposals to allow banks and other providers to set limits. The proposals from the Financial Conduct ...
Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA. The FCA wants to give card providers the flexibility to ...
Millions of people will be able to set their own contactless card payment limits or even have no limit at all, a regulator has confirmed. Banks and card providers will be given the power, from March, ...
Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives ...