Banks Can Now Raise Contactless Limits

Banks now have the green light to raise contactless payment limits beyond £100 — a move aimed at easing the squeeze from rising grocery bills and inflation. While most banks aren’t changing limits overnight, the FCA’s decision opens the door for future flexibility, letting banks tailor limits based on fraud protection and customer needs. It’s about modernizing payments to match how we actually shop today. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/916efaf895404db0