7/12/2023 0 Comments Are emv card touchless![]() ![]() ![]() Given the number of terminals which will need to be updated to accept the new limit, it will take some time to be introduced across all retailers. It follows on from the successful increase in the limit from £30 to £45 in April 2020.įrom 15 October 2021, consumers will start to see retailers accepting contactless payments up to the new £100 limit, which will give customers more flexibility when shopping in store. The decision to raise the contactless limit from £45 to £100 was made by HM Treasury and the Financial Conduct Authority following a public consultation and in discussion with both the retail and banking sectors. The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, UK Finance announces today.
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