The contactless limit for in-store card transactions will increase from £30 to £45, introduced as a measure in response to the Coronavirus pandemic, to reduce the need for physical contact with PIN-Entry Devices (PEDs) at points of sale.
The new contactless limit will be operational at some stores across the UK from 1 April, but may take some time before it can be applied everywhere. For example, it may take longer to rollout at retailers who are currently operating at peak capacity.
The decision to raise the limit was taken following consultation between the retail sector and the finance and payments industry and follows similar increases in several other European countries over the past week.
The changes were already under consideration by the industry, but the process has been expedited as part of the industry’s response to the COVID-19 outbreak to support consumers who choose to pay using contactless at this time.
Stephen Jones, chief executive of UK Finance, said: “The payments industry has been working closely with retailers to be able to increase the contactless payment limit to help customers with their shopping at this critical time for the country.
“The industry continues to work closely with the government and regulators to support customers impacted by COVID-19 and ensure that they can pay in a way that suits them.”
Barclaycard stated that deployment will be prioritised for retailers in key sectors, including grocery and supermarket stores, bakeries, pharmacies and petrol service stations.
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