United Kingdom · Question · Written question
UIN 5229
Contactless Payments
Introduced
21 May 2021
Last action
27 May 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
27 May 2021
Summary
To ask the Chancellor of the Exchequer, what assessment he has made of the level of consumer and retail industry support for an increase of the operational contactless card limit to £100 on 15 October 2021.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
21 May 2021
Written question
To ask the Chancellor of the Exchequer, what assessment he has made of the level of consumer and retail industry support for an increase of the operational contactless card limit to £100 on 15 October 2021.
Source: Commons
27 May 2021
Answer
The legal contactless payment limits are set by Financial Conduct Authority (FCA) through regulator rules, specifically the Strong Customer Authentication technical standards. Following a public consultation and with Treasury approval, as required by the ...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-05-21/5229
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1317084
- uk · wq-1317084 · source updated 27 May 2021