Contactless payments were first introduced in 2007 with a cap of £10. The limit gradually increased until 2021 when the £100 limit came in. Users of Apple Pay and Google Pay can already make ...

Shoppers will be able to make higher-value purchases with their contactless cards when the limit for a single payment made in this way increases from £20 to £30 from tomorrow. The increased ...

The Financial Conduct Authority (FCA) announced on Friday it was looking for opinions on scrapping the contactless card limit and whether changes could benefit the UK economy. The current cap ...

The contactless limit was raised from £45 in 2021, just a year after a rise from £30 amid a surge in tap and pay during the Covid-19 pandemic.

The UK Financial Conduct Authority is planning to remove the £100 contactless limit and implement an open finance regime tackling SME financing.

The Central Bank of Nigeria (CBN) has set a N50,000 limit for contactless payments (payments made without physical contact between a payment device, such as pre-paid, debit, and credit cards, key ...

The Central Bank of Nigeria (CBN) has set N15,000 limit for contactless payment. Contactless payment system is a technology that enables an alternative payment method whereby payment instruments ...