When contactless card payments were introduced in 2007, the transaction limit was set at £10. The limit was raised gradually, to £15 in 2010, to £20 in 2012, then to £30 in 2015, before the Covid ...

The £100 cap on contactless card payments is to be lifted – under changes that will allow some shoppers to set their own limits. Under the plans, from the Financial Conduct Authority (FCA), banks and ...

Available nationwide in summer 2025, new Tap to Pay gift cards combine enhanced security with a simple checkout experience and seamless mobile wallet integration PLEASANTON, Calif.--(BUSINESS WIRE)-- ...

"The direct impact is clear, giving consumers greater convenience while maintaining fraud protection." However, he highlighted some alarming projections: "FCA estimates indicate the change could cause ...

AMSTERDAM--(BUSINESS WIRE)--Cash is the primary form of payment across Europe, being most frequently used in Austria and Germany and least frequently used in Finland. However, the frequency of payment ...

New York City’s MetroCard — the gold-hued fare card and its notoriously finicky magnetic strip — is being replaced with OMNY, ...

As well as a £100 limit for a single contactless card transaction, there is also a cumulative total of £300 in contactless transactions, or no more than five consecutive contactless transactions, ...

Despite being out of circulation for more than 20 years, New York subway tokens are listed for very little on resell sites ...

This article was originally published by RFID Update. February 24, 2005—After two years of development, Visa has finally launched its contactless payment credit card. Using embedded RFID, the new card ...

Thailand’s aggregate card payments market is now being projected to grow by 2.7% in 2025 to reach THB2.3 trillion (appr.