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The spending limit for contactless card payments will be increased from £30 to £45 as part of efforts to reduce the need for physical contact with devices and cash.
Contactless is a popular means of payment with £80.5 billion spent on contactless payments in 2019.
The collective voice for the banking and finance industry, UK Finance, announced that roll-out will begin on 1st April 2020.
This announcement follows consultation between the retail sector and the finance and payments industry and is in line with similar increases in several other European countries over the past week.
