£100 contactless payment pros and cons weighed up by personal finance expert

dailyrecord.co.uk:

£100 limit good or bad for consumers.Since its introduction in September 2007 contactless tapping has become the norm and now 64% of all of our transactions on debit cards are pin-less.Andy Webb from BeCleverWithYourCash notes that only a year and a half ago there was talk from some shoppers of the £30 limit being too high but we soon got used to it.He looks at everything from fraud concerns and security to the pros and cons of the new convenient cash available at a tap as well as some tips for those worried about losing track of taps.From October 15th 2021 the limit will jump from £45 to £100 which is the highest its ever been.Andy acknowledges that this could make people more attracted to the idea of stealing our cards but he says this.