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Santander to allow customers to set contactless limit

Source: Banco Santander

Santander UK has announced that customers with either a Mastercard debit or credit card will now be able to set a lower limit for contactless transactions, ranging from £5 to £95.

The limit, which can be increased in £5 increments, can be amended via online chat accessed either through the mobile banking app or online banking. The standard contactless limit is £100.

Customers with a Mastercard debit or credit card can turn the contactless functionality off using their mobile app. A non-contactless card can also be requested.

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Comments: (1)

A Finextra member 07 December, 2021, 08:54

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It would be really interesting to know how many customers actually go in and change the contactless threshold. I fully agree with the increased risk of missuse/theft with cards becoming more valuable as the limit increases. If onlt there was a way to authenticate contactless card transactions..... with a fingerprint for example :-)