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Contactless card maximum limit extended to £15 |
Customers do not have to enter a PIN number to pay for transactions.
UK contactless card transactions maximum limit has been increased from £10 to £15.
Contactless allows customers to pay for transactions of £15 or less by holding their card over a special reader, without having to enter a PIN or insert the card into a terminal.
The transaction is debited directly from the customer’s current account or applied to their credit card account in the same way that a standard card transaction is.
Brian Cunnington, Head of Debit Cards for Barclays, said: "Contactless technology is undoubtedly the future of payments and we are seeing it grow hugely in popularity."
"The new higher limit gives customers the flexibility of paying for even more transactions quickly, securely and conveniently via a contactless card payment and will lead to more retailers implementing the technology."
Further information:
Contactless
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