Electronic Payments International on MSN

UK contactless cards reforms go live: Industry reaction

Leading industry observers comment on the FCA’s contactless rule changes that take effect today, giving firms greater flexibility to change contactless limits.
Many of the major banks have said they will keep the £100 card limit for now, with many also allowing customers to set their ...
Anyone with a debit card is being warned not to be caught out by new rules as the £100 limit is scrapped on Thursday.
Many also have contactless tech on their phones, allowing them to mobile payments through Apple Pay and Google Pay. The ...
The Financial Conduct Authority (FCA) has announced new rules that will effectively remove the nationwide contactless card ...
Defaqto said it found big differences in the money management features that account providers currently offer to customers.
Banks will be able to set their own contactless card payment limits from 19 March 2026, following rule change by Financial Conduct Authority (FCA).
Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives ...
LONDON--(BUSINESS WIRE)--NFC Forum has today announced the publication of its bi-annual Near Field Communication (NFC) Usage and Adoption Study. The study, conducted by ABI Research highlights the ...
We all love the convenience of ’Tap to Pay’. It’s fast, intuitive, and is widely accepted as part of everyday life. But behind that simple tap is a surprisingly complex ecosystem that’s starting to ...