The contactless payments limit in the UK is set to rise to £100 in October.
In Brief:
The change will happen on 15 October.
Currently the cap is £45.
This was announced by Rishi Sunak in his budget speech in March.
What does this mean?
This marks the biggest limit increase yet, with the £30 limit only increased in April last year amid a surge in cashless payments due to the pandemic.
A recent survey by UK mobile specialists Apadmi reveals that ...
Barclays Bank UK PLC has completed the acquisition of Tesco ...
fundcraft has increased its Series A funding to €11 million, ...
Mollie, a leading financial service provider, has partnered with Hyvä, ...
Aimed at delivering comprehensive card issuing services. In brief:- The strategic ...
Banking Circle Business AML team recognised for best-in-class strategy. In brief:- ...
Including facts on how Brits use its credit products.In brief:- ...
Visa and Mastercard reach $30bn interchange fee settlement with merchants.In ...
Buy Now, Pay Later (BNPL) is finance for the digital age. This report focuses on the online BNPL mar...
For many financial institutions (FIs), the rapid transformation to a digital-first mentality greatly...
The demands on financial services technology have increased significantly and the pace of change con...
PayTechs’ relentless disruption means that only banks and payment service providers that offer “valu...
There are no Events in this category