UK residents can now make contactless payments of up to £30 without the need for a PIN. The increase from the prior limit of £20 means that people will be able to use phone-based payment services like Apple Pay, as well as contactless cards, for a wider range of transactions. The UK Cards Association, which decided on the change, says that £30 covers common usages like an average supermarket spend, as well as most payments made in pubs, cinemas, gift shops, and elsewhere.
The question remains how long this limit will last. Apple Pay has no transaction limit in the US, the only other country where it's available, but the iPhone guarantees an extra layer of security. In the UK, many people also use contactless cards that work without any...
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