Payment limit for contactless cards to rise from £15 to £20 in UK

Move aligns UK with Eurozone’s EUR25 limit

The limit on making contactless purchases with ‘tap-and-go’ cards is set to rise from £15 to £20 tomorrow, reports the BBC. The move aligns the UK with the Eurozone’s EUR25 limit and come as the Post Office prepares to install contactless payment technology at all of its 11,500 branches nationwide. The Post Office claims it will become the largest adopter of contactless technology in Europe, reports the same source, and is installing the technology at 200 of its branches in London from 6th June for the Olympics. The solution will then be rolled out to the rest of its network by the end of October. The £5 rise to the limit of £20 for contactless payments will be implemented at some stage between tomorrow and the end of June.  

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