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The Guardian - UK
The Guardian - UK
Business
Shane Hickey

UK banks keep £100 limit for contactless card payments despite FCA scrapping it

A woman making a contactless card payment in a restaurant
Banks may not be changing the limits immediately but they are free to do so from now on. Photograph: Caia Image/Alamy

Shoppers will not be able to splash unlimited amounts on contactless cards despite the lifting of a £100 cap on payments as Britain’s banks held off on making changes.

The official limit on individual contactless transactions on credit and debit cards has been scrapped but the UK’s biggest high street and challenger banks have kept the £100 ceiling in place.

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