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New limit to boost appeal of 'tap and go'

By Vicky Shaw

Published 01/09/2015

To help boost the use of contactless cards, the limit has been upped from £20 to £30
To help boost the use of contactless cards, the limit has been upped from £20 to £30

Shoppers will be able to make higher-value purchases with their contactless cards when the limit for a single payment increases from £20 to £30 from today.

The increased limit is likely to broaden the appeal of contactless payments as more people make them part of their daily routine.

"Tap and go" technology has become more popular as the variety of businesses accepting the form of payment as grown.

Contactless payments were introduced in the UK in 2007 and there are now 58 million contactless cards in the UK. According to trade body the UK Cards Association, more contactless transactions took place during the first nine months of 2014 than the previous six years combined.

The range of places where contactless payments are accepted includes Aldi, Barnardo's, Greggs, McDonald's, M6 Toll, London Buses, London Tubes and the Post Office.

Belfast Telegraph

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