The contactless card payment limit in shops will rise from £30 to £45 next week as part of measures to combat coronavirus. Contactless payments were first introduced in 2007 and at the time shoppers were allowed to spend £10 in one transaction.
In September 2015 the limit increased to £30 and from next week this will rise to £45.Trade association UK Finance, which represents the finance and payments industry, said the decision to raise the limit was made following talks with the retail sector.It follows similar increases recently made elsewhere in Europe.
UK Finance said the changes were already being mulled over, but the process had been accelerated as part of the industry's response to coronavirus.
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