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2026March › 19

FCA

3 months ago

Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for now

  • Explainer: What will happen when the £100 limit is scrapped?

Shoppers will not be able to spla…

Banks can now set their onwn contactless payment limits for customers from today March 19 under new plans from financial watchdog the Financial Conduct Authority (FCA).

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