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United Kingdom · Question · Written question

UIN 43397

Contactless Payments

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

6 September 2021

Last action

9 September 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

9 September 2021

Summary

To ask the Chancellor of the Exchequer, if he will hold urgent discussions with credit card companies on the possible increased potential for theft if companies proceed with plans to increase the contactless limit from £45 to £100 in October 2021.

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Timeline

  1. 6 September 2021

    Written question

    To ask the Chancellor of the Exchequer, if he will hold urgent discussions with credit card companies on the possible increased potential for theft if companies proceed with plans to increase the contactless limit from £45 to £100 in October 2021.

    Source: Commons

  2. 9 September 2021

    Answer

    At the 2021 Spring Budget the Chancellor announced changes to increase the legal single contactless payment limit from £45 to £100, and the cumulative transaction limit from £130 to £300. The legal contactless payment limits are set by the Financial Condu...

    Source: Written answer

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