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UK's FCA considers raising or removing £100 contactless card payment limit to boost economy.
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.
The FCA is also exploring allowing firms with advanced fraud controls to set their own limits, similar to practices in the US.
Feedback on the proposal is being accepted until May 9.
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La FCA del Reino Unido considera aumentar o eliminar el límite de pago de £100 con tarjeta sin contacto para impulsar la economía.