Contactless Cards Changing Money Amounts

Thomas9714moe

I’m all for our banks to settle an amount we can have contactless, with the new rules coming in, I would like to temporarily increase this amount for plumbers etc as I can’t leave home to get cash out. We should be able to change the amount via our banks website page and add a reason why just like if we were paying others already. It would stop people from increasing the amount if cards are stolen. 

flaneurs_lobster

The FCA is seeking views on its proposals around increasing/abolishing the current contactless limits from anyone who has a view. You can submit your comments here

https://www.fca.org.uk/publications/calls-input/contactless-payment-limits-engagement-paper

You've got until Friday 09/05.

CliveOfIndia

Apologies if I'm missing something, but what's the problem with a contactless limit being imposed?  To my mind, having a relatively low limit means that if someone "obtains" your card, they can't go out and spend large amounts unless they also know your PIN.  And for genuine transactions made by you, it's hardly an inconvenience to have to pop you card into the machine and type in your PIN.

Nasqueron

Some bank apps let you increase the amount and often google or apple pay will let it go through on higher limits - the garage I use is the only one where my bank blocks it and I have to put the card into the reader 

flaneurs_lobster

Nasqueron said:

Some bank apps let you increase the amount and often google or apple pay will let it go through on higher limits - the garage I use is the only one where my bank blocks it and I have to put the card into the reader 

Might be that the garage imposes this restriction itself, gives it additional protection if a payment is disputed.

Nasqueron

flaneurs_lobster said:

Nasqueron said:

Some bank apps let you increase the amount and often google or apple pay will let it go through on higher limits - the garage I use is the only one where my bank blocks it and I have to put the card into the reader 

Might be that the garage imposes this restriction itself, gives it additional protection if a payment is disputed.

Oddly, one of the ladies who works there on the service desk bought a car using apple pay, the usual service is fine, it's just when it's something big like a suspension replacement 

born_again

Thomas9714moe said:

I’m all for our banks to settle an amount we can have contactless, with the new rules coming in, I would like to temporarily increase this amount for plumbers etc as I can’t leave home to get cash out. We should be able to change the amount via our banks website page and add a reason why just like if we were paying others already. It would stop people from increasing the amount if cards are stolen. 

If s in the case you mention. They must have a card terminal. Then you just enter your PIN. No need for a increased limit.

Neil49

born_again said:

Thomas9714moe said:

I’m all for our banks to settle an amount we can have contactless, with the new rules coming in, I would like to temporarily increase this amount for plumbers etc as I can’t leave home to get cash out. We should be able to change the amount via our banks website page and add a reason why just like if we were paying others already. It would stop people from increasing the amount if cards are stolen. 

If s in the case you mention. They must have a card terminal. Then you just enter your PIN. No need for a increased limit.

You beat me to it.

I can't see what the problem is. 

DullGreyGuy

Nasqueron said:

Some bank apps let you increase the amount and often google or apple pay will let it go through on higher limits - the garage I use is the only one where my bank blocks it and I have to put the card into the reader 

It won't allow you to increase it above the UK limit of £100 for contactless without verification

Google/Apple/Samsung etc Pay have verification and therefore are in principle unlimited