The increase will be implemented on 9 April 2020 at Woolworths and Coles supermarkets, and will roll out to further retailers in the coming weeks, ZDnet reports. Consequently, card users throughout Australia will now be able to spend up to AUD 200 using the PayPass function on their Mastercard, without needing to enter a PIN.
According to ZDnet, Australia has one of the highest usage rates of contactless payments. Mastercard reports that 85% of transactions over AUD 100 are made contactless.
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