Barclaycard reports on impact of contactless transaction limit increase

The increase in the UK contactless transaction limit from £30 (US$37.50) to £45 (US$56.25) has resulted in 43% of in-store transactions valued at between £30 and £45 now being made via contactless payments, Barclaycard reports. “This is expected to increase as public awareness of the new limit grows, and as more businesses implement the technology […]

Read the rest of Barclaycard reports on impact of contactless transaction limit increase at NFCW.