Millions of people will be able to set their own contactless card payment limits or even have no limit at all, a regulator has confirmed. Banks and card providers will be given the power, from March, ...

We all love the convenience of ’Tap to Pay’. It’s fast, intuitive, and is widely accepted as part of everyday life. But behind that simple tap is a surprisingly complex ecosystem that’s starting to ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This news comes after the UK regulator set out plans to ...

Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA. The FCA wants to give card providers the flexibility to ...

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 ...