Contactless payment may have grown popular as a way to avoid germs in the midst of the COVID-19 pandemic, but it's clear this technology is here to stay. For example, back in 2020, a Mastercard study ...

Millions of people will be able to set their own contactless card payment limits or even have no limit at all, a regulator has confirmed. Banks and card providers will be given the power, from March, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This news comes after the UK regulator set out plans to ...

Serge Beck, the founder and CEO of Omniwire, is driven by his belief that people deserve robust and secure financial services. Nearly 90% of U.S. consumers now use contactless payments, and this ...

Contactless payment limits could be increased beyond £100 and even become unlimited under the latest Financial Conduct Authority (FCA) consultation. According to the finance regulator’s latest ...

In theory, contactless card transactions made using near field communication (NFC) technology – used for purchases of £20 or less by customers holding a card or NFC-enabled smartphone near a terminal ...

Consumers will be able to make contactless card payments over the current £100 limit, the regulator has confirmed. Banks and card providers will be allowed to offer customers the chance to set their ...