UK contactless limits raised to £45

UK contactless limits raised to £45

The UK has joined other countries around the world in lifting the ceiling for contactless card payments, enabling customers to make more payments without touching card terminals or handling cash.

The spending limit for contactless card payments will be increased from £30 to £45, with a national roll-out beginning from 1 April 2020, UK Finance has announced.

The changes were already under consideration, says the industry body, but the process has been expedited in response to the Covid-19 outbreak.

Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, says deployment will be prioritised for retailers in key sectors, including grocery & supermarket stores, bakeries, pharmacies and petrol service stations.

Rob Cameron, CEO of Barclaycard Payments says: “By supporting the ability of customers to spend up to £45 via contactless, we are playing a part in helping UK consumers to pay safely and securely in these challenging times."

Other countries to have adopted similar tactics include the Netherlands, Germany, Norway, Saudi Arabia, Egypt, Poland and Turkey.

Comments: (1)

A Finextra member
A Finextra member 24 March, 2020, 10:57Be the first to give this comment the thumbs up 0 likes

Great idea and very welcome, but consumers are used to the £30 limit and don't even bother to tap for amounts higher than that, so what are the plans to make consumers and shop staff are aware of the new higher limit? There are other stakeholders in this process.....

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