When contactless card payments were introduced in 2007, the transaction limit was set at £10. The limit was raised gradually, to £15 in 2010, to £20 in 2012, then to £30 in 2015, before the Covid ...

After being introduced in 2007 starting at £10, the contactless card payment transaction limit has been raised over time to £15 in 2010, £20 in 2012, £30 in 2015, £45 in 2020, and £100 in October 2021 ...

New York City’s MetroCard — the gold-hued fare card and its notoriously finicky magnetic strip — is being replaced with OMNY, ...

Shoppers could find it easier to pay bigger amounts using contactless, under the Financial Conduct Authority’s (FCA) new ...

Speaking about the benefits for shoppers, Mr Jones said: "For consumers, the real win is not higher limits, but greater control. Being able to set personal thresholds, switch contactless on or off ...

Contactless card payments are set to exceed £100 and potentially become unlimited under new proposals to allow banks and other providers to set limits. The proposals from the Financial Conduct ...

Ten years ago, the U.S. payment card market made its shift to EMV chip cards, and along with that the industry prepared for more contactless payments. That work by issuers and card brands appears to ...

A significant alteration that could affect shoppers in supermarkets and other retail outlets across the UK has been scheduled ...