Contactless card payment limit to increase to £100 in October



Shoppers in the UK will be able to spend up to £100 using contactless card payments from 15 October.


Customers using Apple Pay or Google Pay can already make contactless payments larger than £45 as neither provider sets a limit, but consumers using cards are restricted.


At the start of the pandemic, the maximum amount was increased from £30 to its current level of £45 to encourage shoppers to use contactless payments over cash. According to UK Finance, contactless payments have proved very popular with consumers during this time and an increasing number of transactions are being made using contactless technology. In May, contactless payments accounted for 49% of all credit card and 65% of all debit card transactions.


The increase to the limit will allow for greater flexibility for customers and faster checkout at shops and hospitality venues.


If you have any questions about the increase, please contact our team here. We know the costs associated with accepting card payments can be a large expense. With the help of our merchant services partner, our clients can now save money by achieving the most competitive merchant acquirer rates. Click here to find out more.