UK banks reject opportunity to lift £100 contactless limit

UK banks reject opportunity to lift £100 contactless limit

The UK’s biggest banks are not lifting the £100 limit on contactless payments despite being given the option to do so by regulators, according to Finextra. Following a consultation, in December the Financial Conduct Authority decided that from 19 March banks are allowed to remove the £100 cap. However, high street giants including Barclays, HSBC, Lloyds, Nationwide, NatWest […]

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