Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA.

Contactless card payments are set to exceed £100 and potentially become unlimited under new proposals to allow banks and ...

Contactless card limits could exceed £100 with firms tailoring limits. The Financial Conduct Authority (FCA) said it wants to give card providers the flexibility to decide the right limit for them and ...

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Innovation in hotel payments is currently centered on two key shifts: the rise of asynchronous payment flows and the ...

Managing director of business finance experts Aurora Capital added: “For many retailers and hospitality venues, the £100 ...

Contactless payment limits could be increased beyond £100 and even become unlimited under the latest Financial Conduct Authority (FCA) consultation. According to the finance regulator’s latest ...

PhonePe, in collaboration with Mastercard, has launched a new Tap & Pay feature enabling contactless payments through ...

The financial watchdog says proposals to allow providers to set own limits would be more convenient for shoppers and customers.

Every rise has been met with concerns about theft and fraud, and the FCA said card providers would only permit higher-value contactless payments for low-risk transactions and would carry the burden if ...

Digital payments represented 86% of total payment volume and 77% of total payment value. Contactless payments accounted for 58% ...