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Contactless Payments

Regulations Regulatory Changes Consumer Protection Financial Conduct Authority Regulatory Proposals Transaction Limits Security Risks Fraud Prevention Fraud Risks Consumer Options

FCA to Scrap £100 Contactless Cap, Let Banks Set Their Own Limits From March 2026

The FCA says firms must clearly notify customers of any changes, with reimbursement protections unchanged.

FCA Proposes Replacing £100 Contactless Cap With Risk-Based Limits Set by Banks

FCA Opens Consultation to Let Banks Set Contactless Limits, Potentially Ending £100 Cap