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Contactless card payment limit to rise to £100

direct to your inboxThe limit on contactless payments is set to rise from £45 to £100.Chancellor Rishi Sunak, who will announce the plans in his 2021 Budget, said the change will boost the retail sector and help protect jobs in the UK.The change will legally come into force from today, but firms will need to make the necessary systems changes before being able to offer customers the higher limit.The UK has been allowed to make the change after leaving the EU, which limits contactless payments to £45 in member countries.Mr Sunak, said: “As we begin to open the UK economy and people return to the high street, the contactless limit increase will make it easier than ever before for people to pay for their shopping, providing a welcome boost to
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