Contactless card limit to rise to £100 in October
The limit per transaction will increase from £45 to £100, but the move has led to fears of a rise in…
“Raising the contactless card limit to £100 would likely make card theft more attractive, increasing a broad range of acquisitive crimes including snatch theft of wallets and purses, hold-up robberies, and home and vehicle break-ins to find cards that can be used fraudulently,” the report said.
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