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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