Contactless payment limits could be increased beyond £100 and even become unlimited under the latest Financial Conduct Authority (FCA) consultation. According to the finance regulator’s latest ...

The £100 cap on contactless card payments is to be lifted – under changes that will allow some shoppers to set their own limits. Under the plans, from the Financial Conduct Authority (FCA), banks and ...

New regulations taking effect on March 19, 2026, will allow financial firms to raise contactless payment limits beyond the current £100 cap. Industry analysts say the shift could reshape how customers ...

The £100 contactless card limit is being axed on 19 March as the regulator bids to kickstart economic growth. Banks and PSPs must have strong fraud protections in place in order to lift contactless ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This news comes after the UK regulator set out plans to ...

Discover how contactless payment works, its benefits like speed and security, and examples of apps and devices that support this technology, like Apple Pay.

When UK citizens wake up on 19 March, there will no longer be a regulation that limits how much they can spend in a single transaction on a contactless card, but changes will take time. The Financial ...