Rule changes coming into force from Thursday will mean that banks and payment providers with strong fraud controls will be able to set their own contactless card payment limits in future. While ...

Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives ...

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 ...