Majority of Apple Pay tills in the UK accept limitless payments

Monday 22 May 2017 13:39 CET | News

The majority of UK tills have lifted the GBP 30 limit for mobile payments made with Apple Pay.

Hundreds of thousands of terminals have been upgraded to supported limitless contactless payments for Apple Pay, allowing customers to make payments of any value.

Most terminals that support contactless payments have a GBP 30 limit to prevent fraud. However, Apple Pay transactions, which are made by holding the iPhone or Apple Watch against a card reader, are approved using biometrics such as the iPhone fingerprint scanner. This gives retailers an incentive to lift the payment limit for transactions made through the app.

Apple Pay transactions in the UK market have increased by 300% in 2016 and in 2017, 23 banks support the service, according to The Telegraph.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Apple Pay, UK, NFC, mobile payments, eWallet, contactless payments
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

Industry Events