It is announced that Apply Pay contactless limit is about to increase by£30 from £20 in September. There is only a small amount of retailers will serve limitless at some point.
Contactless cards are in needed for a limit at present because of the risk of fraud, but if you are with the iPhone’sTouch ID fingerprint scanner the limit can be regardlessness.
PocketLint reported that Visa stated:”not all the retailers will have the limit at the beginning”when Apple Pay is available in UK in July. On the other hand, MasterCard said the Apply Pay will support retailers and banks with improved terminals to receive higher transactions in the near future.
Jeremy Nicholds, Visa’s executive director of mobile, explaining there will be some retailers keep the £20 limit at the beginning, but not all retailers will have the limit. In the meanwhile, some of them will choose to avoid the limit all together in time.
There is additional statement from MasterCard indicating, mostly payment terminals are set to accept contactless transactions up to £20 in the UK, but it will be set to £30 in September as well as cards. As digital services are more popular in the public, we are supporting the retailers and banks when they update the terminals to accept authenticated transactions beyond the limit from digital devices.
It is said that a number of shops and restaurants will apply Apple Pay in the UK, such as Waitrose, Nando’s, New Lookand some other brands.
Boots has confirmed Apply Pay contactless transactions willgo limitless from November as we known. As for the confirmation of other companies, we look forward to their statements.