The transaction limit for contactless payments including Apple Pay has increased to £30 in the U.K., reports The U.K. Cards Association.
From today (Tuesday, September 2015) the upper limit for contactless payments increases to £30. Payment terminals are being updated to accept the new limit from today (TUESDAY, SEPTEMBER 1, 2015) and over a number of weeks to ensure national coverage.
The association says contactless spending has risen from £287 million per month in January 2015 to £567 million in June 2015. In total, £2.5 billion was spent via contactless transactions in the first half of 2015, compared to £2.32 billion for all of 2014.
Apple Pay first launched in the U.K. in mid-July.
Read More [via AppleInsider]
From today (Tuesday, September 2015) the upper limit for contactless payments increases to £30. Payment terminals are being updated to accept the new limit from today (TUESDAY, SEPTEMBER 1, 2015) and over a number of weeks to ensure national coverage.
The association says contactless spending has risen from £287 million per month in January 2015 to £567 million in June 2015. In total, £2.5 billion was spent via contactless transactions in the first half of 2015, compared to £2.32 billion for all of 2014.
Apple Pay first launched in the U.K. in mid-July.
Read More [via AppleInsider]
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