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Limit for contactless spending to rise to £45 at beginning of April

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The contactless limit for in-store spending is to increase from £30 to £45 from 1 April as retailers cut the need for physical contact in shops amid the coronavirus epidemic. But retailers warned that it may take some time for the new limit to come into force everywhere.

 

The British Retail Consortium’s head of payments policy, Andrew Cregan, said: “The last contactless limit increase to £30 took two years to implement but, given the extraordinary circumstances we face today, this new £45 limit will be rolled out from next week.

 

“Some shops will take longer to make the necessary changes, given the strain they’re under. In the meantime, most customers can continue to make contactless payments for higher amounts using their smartphone.”

 

https://uk.finance.yahoo.com/news/limit-contactless-spending-rise-45-000117014.html

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