Payment: Contactless spending limit increase leads to 7m extra transactions
At the beginning of this month, J&P reported that the UK government had increased the spending limit for contactless transactions from £30 to £45 in order to limit the spread of coronavirus. Credit card giant Barclaycard has reported that 7 million customers have...
Payment: Contactless Spending Limit has risen to £45 across the UK
Yesterday, the UK put in place a new measure to fight the spread of the coronavirus – an increase in the spending limit when making a contactless payment transaction. After talks with retailers across the country, UK Finance decided to raise the spending limit from...
