Contactless limit to increase to £100

The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, banking trade body UK Finance has confirmed.

The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, banking trade body UK Finance has confirmed.

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

From 15 October 2021, consumers will start to see retailers accepting contactless payments up to the new £100 limit, which will give customers more flexibility when shopping in store.

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.

'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.'

Internet link: UK Finance

uk200Groupbacs.gifxero-sm.pngquickbooks-sm.pngsageagn-logo.png

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy & Cookies | Help |

© 2025 Edmund Carr. All rights reserved.

Edmund Carr, 146 New London Road, Chelmsford, Essex CM2 0AW.

We use cookies on this website, you can find more information about cookies here.

Registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers.

Stewart P Martin | Debbie J Wakefield | Thomas C York FCCA | Sandra A Morrell FCCA | Alison J McDowall | Stephen C Drain | Alex M Stone FCCA

Edmund Carr is registered in England & Wales. Registered office address: 146 New London Road, Chelmsford, Essex CM2 0AW. Registered Company number: OC333955.