Major contactless payment change comes into force tomorrow

Major contactless payment change comes into force tomorrow

From tomorrow, shoppers will be able make payments of up to £100 with a single tap of their debit card. It is the second big rise in limits in less than two years, as the Government tries to get people to spend more in shops. Sandra Rowley at card payment solutions provider takepayments.com said: “The £100 increase to contactless card payments mirrors the consumer demand for faster card payments. "The coronavirus pandemic has sped up the decline in cash usage more quickly than expected, and the payments the industry has recognised this. "Many merchants have invested time and money into setting up contactless payments in response to the pandemic, our annual business trends report revealed one in ten business owners introduced card machines into their business last year in response …
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