Millions of people will be able to set their own contactless card payment limits or even have no limit at all, a regulator ...

Banks and card providers will be given the power to set a maximum - or unlimited - single payment amount for contactless payments.

The current rules mean people can make payments of up to £100 per transaction when using physical contactless cards.

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 ...

Contactless card limits could be lifted from the current £100 limit for millions of Britons next year but analysts are ...

BASINGSTOKE, England--(BUSINESS WIRE)--New data from Juniper Research forecasts that global contactless transaction values will reach nearly $6 trillion in 2024, up from $2 trillion in 2020. It found ...

The shake-up was among dozens of proposals suggested by the financial regulator in a letter to the Prime Minister after the ...