Contactless payments going up to £45

tlrBeta · 27 Mar 2020 at 12:25

Nasher said:
Happy day for card thieves too.

Not really, PSD2 limits still apply.

There are some retailers where just card details will get you a product, e.g. the rainforest, but other then that Card fraud isn't the biggest concern right now. Cheque fraud on the other hand!

Yas786 · 27 Mar 2020 at 12:25

Scam said:
They probably just thought Apple Pay was the same as contactless and therefore £30. Did you actually try it?

I don’t tend to spend more than £20 at Tesco these days. And I use a curve card rather than Apple Pay now.

opstrat · 27 Mar 2020 at 12:43

but certain banks like monzo require you to put your pin in after every £100 of contactless transactions.

Nasher · 27 Mar 2020 at 13:32

tlrBeta said:
Not really, PSD2 limits still apply.

There are some retailers where just card details will get you a product, e.g. the rainforest, but other then that Card fraud isn't the biggest concern right now. Cheque fraud on the other hand!

But they can get whatever they can from it, then just throw the card away. It's very low security and untraceable.

Feek · 27 Mar 2020 at 13:59

tlrBeta said:
There are some retailers where just card details will get you a product, e.g. the rainforest, but other then that Card fraud isn't the biggest concern right now. Cheque fraud on the other hand!

If you mean Amazon, say Amazon.

tlrBeta · 27 Mar 2020 at 15:05

Nasher said:
But they can get whatever they can from it, then just throw the card away. It's very low security and untraceable.

For contactless, it's only to a max transaction value amount (£130) and/or # transaction limit (5) is reached - so total is low value and is deemed low risk because of it.

Feek said:
If you mean Amazon, say Amazon.

Will do from now on, thanks.

opstrat said:
but certain banks like monzo require you to put your pin in after every £100 of contactless transactions.

They all do.

Scam · 27 Mar 2020 at 17:11

Nasher said:
Debit cards are also contactless. That IS your money.

I know, that's why I said credit cards

My debit card is used for withdrawing cash, nothing else. Not that I hardly ever need cash nowadays.

opstrat said:
but certain banks like monzo require you to put your pin in after every £100 of contactless transactions.

They all do. EDIT: Beaten.

tlrBeta said:
For contactless, it's only to a max transaction value amount (£130) and/or # transaction limit (5) is reached - so total is low value and is deemed low risk because of it.

This.