contactless payments is set to rise for the second time in less than two years from October as the UK Government tries to get people to spend more in shops.
UK Finance confirmed shoppers across the UK will be able to pay up to £100 using their contactless cards from October 15. The increase had already been announced by the UK Government earlier this year, but banks had not yet decided when to implement it.
However, consumers should be aware that some shops might take longer to introduce the new limit, because they need to update their terminals.
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