Contactless limit to increase to £100

Paying by contactless card

The contactless card payment limit will rise to £100 from 15 October 2021.

The decision to raise the contactless limit from £45 to £100 was made by HM Treasury and the Financial Conduct Authority following a public consultation and in discussion with both the retail and banking sectors. It follows on from the increase in the limit from £30 to £45 in April 2020.

Chancellor Rishi Sunak said: “Increasing the contactless limit will make it easier than ever to pay safely and securely – whether that’s at the local shops, or your favourite pub and restaurant. As people get back to the high street, millions of payments will made be simpler, providing a welcome boost for retailers and shoppers.”

David Postings, Chief Executive of UK Finance, said contactless payment has proved very popular with consumers and an increasing number of transactions are being made using contactless technology.

He added: “The increase in the limit to £100 will allow people to pay for higher value transactions like their weekly shop or filling up their car with fuel. The payments industry has worked hard to put in place the infrastructure to enable retailers to update their payments systems so they can start to offer their customers this new higher limit.”