Watchdog says banks will be able to respond to changing consumer demands, inflation and new technology ...

The current rules mean people can make payments of up to £100 per transaction when using physical contactless cards.

When contactless card payments were introduced in 2007, the transaction limit was set at £10. The limit was raised gradually, ...

SHOPPERS will soon find it easier to pay bigger amounts using contactless, under the City regulator’s plans. The current ...

As well as a £100 limit for a single contactless card transaction, there is also a cumulative total of £300 in contactless ...

Contactless card transactions have quickly emerged as popular payment methods in recent years. Instead of swiping your card or using a chip, you can simply scan the card or use a mobile device without ...

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Today, Cash App announced the launch of Tap to Pay on iPhone for Cash App Business sellers, allowing them to accept contactless payments – ...

Credit card skimmers are now nearly invisible, targeting both physical terminals and online payments with wireless technology. Stay safe by using contactless payments, inspecting card readers, and ...

The UK has lifted the limit on contactless card payments, with consumers now able to spend £100 in a single payment after the threshold was almost doubled. At the same time, users will be able to ...

The shake-up was among dozens of proposals suggested by the financial regulator in a letter to the Prime Minister after the ...