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03-03-2010 05:45 PM #1
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Contactless card payment limit raised to £15
UK credit or debit cardholders can now spend up to £15 without offering a Pin number or a signature after the payment limit was raised for contactless cards.
A request by Visa and Mastercard to raise the limit from £10 was agreed by banks and other card providers.
An estimated one in seven UK residents will have a contactless card by the end of the year, allowing them to put it close to a sensor to pay for items.
Contactless card payment limit raised to £15
source: bbc
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