Contactless card payments are set to exceed £100 and potentially become unlimited under new proposals to allow banks and other providers to set limits. The proposals from the Financial Conduct ...

The use of smartphones and smartwatches, as the preferred payment method in Ireland, is continuing to grow. New figures show that contactless payments accounted for 87.9% of all point-of-sale (POS) ...

The UK’s financial watchdog has proposed a shake-up of contactless payment rules, allowing card issuers greater flexibility to raise or remove the £100 transaction cap. Under the plans announced by ...

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 ...

Britain’s financial regulator is considering sweeping changes to contactless payments that could see the £100 limit scrapped. The Financial Conduct Authority (FCA) has launched a consultation, running ...

Watchdog says banks will be able to respond to changing consumer demands, inflation and new technology The limit on contactless spending with a credit or debit card will be scrapped in March 2026, and ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...

When convenience comes with a risk ...