Grocers across the world are focused on keeping their employees and customers safe by limiting contact between people and surfaces, especially at the checkout. One way they’re reducing contact is by increasing the limit for contactless card payments to encourage more shoppers to pay this way.
In Europe and the UK, retailers are increasing the limit from £30 to £45 as part of this initiative. In the UK, leaders in the retail, finance and payments sectors had already been considering the increase. The European Banking Authority, meanwhile, has encouraged payment firms to increase contactless payment limits to £50.
The British Retail Consortium said the move will reduce the need for physical contact with payment devices where people need to input their PIN. The increase will also mean more transactions can be made without handling cash.