Contactless limit for in-store spending is set to increase from £30 to £45 from April 1. The British Retail Consortium’s head of payments policy Andrew Cregan said, “The last contactless limit increase to £30 took two years to implement but, given the extraordinary circumstances we face today, this new £45 limit will be rolled out from next week. Some shops will take longer to make the necessary changes, given the strain they’re under. In the meantime, most customers can continue to make contactless payments for higher amounts using their smartphone.”
Mobile phone users can already make contactless payments above £30, if the retailer accepts, by holding their phone over the reader and entering their normal card pin on their phone. The BRC said the increase to £45 would reduce the need for physical contact with pin entry devices at points of sale.