Contactless Payment limit increases

By : Administrator
Published 9th February 2015 |
Read latest comment - 9th February 2015

Contactless card payment thresholds are being increased from the current £20 per transaction to £30. Be interested to hear of anyone in the retail world who accepts contactless payments and get their opinion?

Assuming it's good news, speed of flow through the tills, more convenient for consumers, but are there any downsides? Do you pay any extras for receiving contactless payment or is it just part of a normal PDQ machine these days?

With your consumer hat on, is there anyone who refuses to use contactless as an option?

Will confess to being initially sceptical, especially with security scares of people wondering round crowded areas with rogue machines collecting transactions in the early days, but the technology has been around for quite a long time now. Having it in places like pubs and fastfood outlets seems to make sense, especially if you are rubbish at remembering your pin number 


Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn
Comments

I've never used it to fair + have never really seen it being accepted either. Also as a online store it can't really work with me .. The only place I think they may work is in the coffee shops but never step foot in those as they are just way to expensive


Thanks,
Andy-C | Pewter World

I've never used it to fair + have never really seen it being accepted either.”
 

If you go in your local Marks and Sparks you'll probably see it, and a lot of pub chains seem to be rolling it out. I imagine it wont be long before most newsagents will have it, so most average small purchases will soon be potentially contactless.


Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

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