Mastercard raises its contactless limit in 29 countries

Thursday 26 March 2020 12:36 CET | News

Mastercard has raised its contactless limit across 29 countries to enable the increase in contactless payment limits across Europe.

For the moment, 75% of Mastercard transactions across Europe are contactless. According to Crowdfunder, the increase in contactless limits will mean cardholders and shopkeepers will be able to make and receive more of their payments quickly and securely, and without the need to enter a PIN or use cash.

UK, Ireland, Estonia, and Poland are leading the way with permanent changes to limits while the Netherlands and Greece are implementing temporary limit raises to help their citizens shop conveniently during the coronavirus outbreak.

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Keywords: MasterCard, limit raise, contactless, PIN, payments , UK, Ireland, Estonia, Poland, Netherlands, Greece, coronavirus
Categories: Payments & Commerce
Countries: Europe
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