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flag UK's FCA considers raising or removing £100 contactless card payment limit to boost economy.

flag The UK's Financial Conduct Authority (FCA) is considering removing or increasing the current £100 limit on contactless card payments to boost economic growth and provide more flexibility for consumers and businesses. flag The FCA is also exploring allowing firms with advanced fraud controls to set their own limits, similar to practices in the US. flag Feedback on the proposal is being accepted until May 9.

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