The British Retail Consortium has announced the maximum payment amount for contactless payments is being increased to £45 per transaction, from the current £30. This is due to people needing to make contactless payments rather than using physical money in the current crisis.
Head of payments policy at The British Retail Consortium, Andrew Cregan, said: “The last contactless limit increase to £30 took two years to implement but, given the extraordinary circumstances we face today, this new £45 limit will be rolled out from next week. Some shops will take longer to make the necessary changes, given the strain they’re under. In the meantime, most customers can continue to make contactless payments for higher amounts using their smartphone.”
We understand that as a Verifone customer you will receive an email directly from them with instructions on how to update your contactless payment devices. If you need any support with this you can contact our support team.
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