Beach Hut
Brighton Bhuna Boy
Reliably advised contactless payment limit will change on 01st April from £30 to £45.
And before you ask this is not an April Fool.
And before you ask this is not an April Fool.
As will the cumulative contactless limit which is going back to it's pre September 2019 levels of £150.
This is the lesser known contactless limit which you will have hit but often not realised when a shop asks you to enter your pin even though the transaction your paying for is below the single payment contactless limit but as the cumulative total of your previous contactless transactions has gone about £150 you need a second form of verification to reset the limit.
I know few of us are out and about ATM but beware of pickpockets in these troubled times.[/QUOTE]
Hopefully they will be social distancing
As will the cumulative contactless limit which is going back to it's pre September 2019 levels of £150.
This is the lesser known contactless limit which you will have hit but often not realised when a shop asks you to enter your pin even though the transaction your paying for is below the single payment contactless limit but as the cumulative total of your previous contactless transactions has gone about £150 you need a second form of verification to reset the limit.
I know few of us are out and about ATM but beware of pickpockets in these troubled times.
Yep, definitely happening. Not all shops will automatically increase immediately though. Will help in removing need to pass and receive notes and coins.
Is that £150 per day?
As will the cumulative contactless limit which is going back to it's pre September 2019 levels of £150.
This is the lesser known contactless limit which you will have hit but often not realised when a shop asks you to enter your pin even though the transaction your paying for is below the single payment contactless limit but as the cumulative total of your previous contactless transactions has gone about £150 you need a second form of verification to reset the limit.
I know few of us are out and about ATM but beware of pickpockets in these troubled times.[/QUOTE]
Hopefully they will be social distancing
Im thinking enterprising thieves will employ some kind of go go gadget arm that’s 2m long.
No it’s just a cumulative running total.
There are other ‘soft decline’ mechanisms coming in - forcing another form of strong customer authentication [think SMS codes/PIN verification] due to a myriad of reasons that FCA/EBA believe will drive down fraud. These are yet to be fully defined but ultimately will lead, IMO, to significant customer friction but as ever the regulator believe this is better than an increased risk of fraud - sledgehammer to crack a nut etc.
it's clearly not enforced uniformly then as I've definitely spent more than £150 cumulatively via contactless and not been requested for my pin.
it's clearly not enforced uniformly then as I've definitely spent more than £150 cumulatively via contactless and not been requested for my pin.
That is probably as each chip per card is programmed uniquely by the acquirer in relation to what risk you are credit rating wise. In other words if you are older, regular income etc it may well be different to someone just starting their working life
I had problems with contactless in Sicily last year. Apparently over there, the contactless limit is set by individual merchants, so they decide if a payment can be made contactless or not. At least half a dozen times my card got declined when they tried to take payment for a meal, and I had to keep explaining to them that we have a limit in the UK so I had to enter my pin. Most of them seemed bemused at such a system.
Reliably advised contactless payment limit will change on 01st April from £30 to £45.
And before you ask this is not an April Fool.
I've never managed to use contactless while abroad - France, Cyprus, Netherlands or Canada - I was told that you could only use a UK card via contactless in the UK.
I've never managed to use contactless while abroad - France, Cyprus, Netherlands or Canada - I was told that you could only use a UK card via contactless in the UK.
it's clearly not enforced uniformly then as I've definitely spent more than £150 cumulatively via contactless and not been requested for my pin.
It resets if you do a non-contactless payment with pin, or use a cash point, I believe.