Banks can introduce their own contactless payment limits for customers from March under new plans from financial watchdog the Financial Conduct Authority (FCA). The FCA will allow firms with 'strong ...
Advanced tokenisation and biometric locks ensure the payment method's convenience does not come at the cost of security ...
As 2025 drew to a close, the UK’s Financial Conduct Authority (FCA) announced its plan to remove the £100 contactless payment limit, marking a turning point for the industry.
The City regulator is paving the way for shoppers to make larger contactless payments, moving beyond the current £100 transaction limit for physical cards. Earlier this year, the Financial Conduct ...