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Regulation UK

  • City regulator considering scrapping £100 contactless limit 

    March 14, 2025

    The Financial Conduct Authority (FCA) announced on Friday it was looking for opinions on scrapping the contactless card limit and whether changes could benefit the UK economy. The current cap prohibits customers from making contactless card payments of more than £100 – however, the rule is set for review in a bid to boost growth.  [...]

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