The limit for in-store contactless payments is rising from £30 to £45 at the beginning of April in a bid to limit physical contact amid the ongoing coronavirus pandemic.
Contactless has fast become a way in which plenty of people pay for products and services, and with the coronavirus pandemic affecting the UK, many will be opting for this payment method when shopping for groceries to avoid unnecessary social contact.
From Wednesday 1 April, some shops will begin letting people spend up to £45 with a tap of their contactless card, which will reduce the need for physical contact by shoppers entering their pin numbers on card machines.
It will be rolled out across the UK, but some shops may take longer to implement the new limit, such as supermarkets who are under strain and currently operating at peak capacity.
The changes were confirmed this morning by the British Retail Consortium (BRC).
Andrew Cregan, head of payments policy for the BRC, 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.”
Card Saver offers a range of payment solutions for any business including contactless, virtual terminals where you can take payments over the phone, and online.
These are challenging times for all businesses, with many having to take extra measures in order to survive. If you don’t already accept contactless payments, maybe now is the time to take that step.