Breaking News
Contactless card payment limit to rise in UK from £30 to £45 to stop spread of virus on PIN pads
The £30 limit on contactless card payments is set to rise to £45 in a bid to stop people dawdling in checkout queues and spreading coronavirus. The contactless card payment limit in shops will increase by £15 as part of measures to combat coronavirus.
Mark Barnett, Divisional President of Mastercard in the UK, said:
“As we all collectively navigate the current unsettling and uncertain times, providing consumers and businesses with a choice in how they wish to pay and get paid, remains a constant for us. On this basis we fully support the increased contactless limit here in the UK and across Europe, cardholders and shopkeepers will soon be able to make and receive more of their purchases both quickly and securely, and without the need to enter a PIN.”
- Fintech Startup Chest Set to Launch New Pension App That Turns Savings From Everyday Spending Into Future Retirement Funds Read more
- Thunes Expands Real-Time Cross-Border Payments to Saudi Arabia Read more
- Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance Read more
- Sis ID Expands Its Anti-Fraud Solution With Coverage Across 211 Countries Read more
- Azentio Reimagines Speed and Personalization for Retail, Small and Medium Enterprises (SME), and Corporate Lenders With Its Next-Gen Loan Origination Offering Read more
Fintech Startup Chest Set to Launch New Pension App That Turns Savings From Everyday Spending Into Future Retirement Funds
Chest is inviting young people to join its 1200-strong community lining up to be amongst the first to open a Chest pension
Thunes Expands Real-Time Cross-Border Payments to Saudi Arabia
Thunes has announced the rollout of real-time cross-border payments into Saudi Arabia
Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance
Dotfile announced Dotfile Autonomy, the industry‑first fully autonomous AI platform for Know Your Business (KYB) case review
Sis ID Expands Its Anti-Fraud Solution With Coverage Across 211 Countries
Sis ID is pressing ahead with international expansion by extending its coverage to more than 200 countries worldwide
Azentio Reimagines Speed and Personalization for Retail, Small and Medium Enterprises (SME), and Corporate Lenders With Its Next-Gen Loan Origination Offering
Azentio has launched Loan Origination, its next-generation product that redefines how FIs scale credit ops across retail, SME, and corporate
Swift AI Innovation Creates Blueprint for Banks to Stop Fraud Faster Through Cross-Border Collaboration
Swift have demonstrated the potential impact AI and cross-border data collaboration could have on reducing fraud in international payments
Increased Options for Investors as Investa, the UK’s First Zero-Commission Options Trading App, Launches
Investa is now available to investors after an active soft launch where over 1400 trades were facilitated
Fintech Startup Chest Set to Launch New Pension App That Turns Savings From Everyday Spending Into Future Retirement Funds
Chest is inviting young people to join its 1200-strong community lining up to be amongst the first to open a Chest pension
Thunes Expands Real-Time Cross-Border Payments to Saudi Arabia
Thunes has announced the rollout of real-time cross-border payments into Saudi Arabia
Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance
Dotfile announced Dotfile Autonomy, the industry‑first fully autonomous AI platform for Know Your Business (KYB) case review
Sis ID Expands Its Anti-Fraud Solution With Coverage Across 211 Countries
Sis ID is pressing ahead with international expansion by extending its coverage to more than 200 countries worldwide
Azentio Reimagines Speed and Personalization for Retail, Small and Medium Enterprises (SME), and Corporate Lenders With Its Next-Gen Loan Origination Offering
Azentio has launched Loan Origination, its next-generation product that redefines how FIs scale credit ops across retail, SME, and corporate
Swift AI Innovation Creates Blueprint for Banks to Stop Fraud Faster Through Cross-Border Collaboration
Swift have demonstrated the potential impact AI and cross-border data collaboration could have on reducing fraud in international payments
Increased Options for Investors as Investa, the UK’s First Zero-Commission Options Trading App, Launches
Investa is now available to investors after an active soft launch where over 1400 trades were facilitated