United Kingdom · Question · Written question
UIN 5230
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 representations he has received from industry on increasing the contactless card limit in 2021; and if he will make a statement.
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 representations he has received from industry on increasing the contactless card limit in 2021; and if he will make a statement.
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/2021-05-21/5230
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1317086
- uk · wq-1317086 · source updated 27 May 2021