Contactless card limit rule changes come into force from Thursday - Firms will have new flexibilities to set contactless card limits higher than £100 if they wish to in future under FCA rule changes.

Beginning today, banks and payment providers with fraud controls can set their own higher contactless card payment limits. Britain’s major banks have said they will keep the £100 card limit for now, ...

The £100 contactless card limit is being axed on 19 March as the regulator bids to kickstart economic growth. Banks and PSPs must have strong fraud protections in place in order to lift contactless ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Eric's career includes extensive work in both public and corporate ...