Rise in contactless spending limit to £30 expected to encourage adoption of new payment methods


Today sees the limit for contactless payments rise to £30, from the previous limit of £20, in a move that’s expected to deliver a new boost to NFC (near-field communication) payments, and could encourage the wider take-up of mobile payment methods. Already,  figures from MasterCard and Barclaycard show contactless spending has grown (more…)