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£100 contactless card limit to be lifted from March

Source: BBC

Kevin PeacheyCost of living correspondentGetty ImagesMillions of people will be able to set their own contactless card payment limits or even have no limit at all, a regulator has confirmed.Banks and card providers will be given the power, from March, to set a maximum - or unlimited - single payment amount without the need to enter a four-digit PIN.But they are also being encouraged by the Financial Conduct…

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Read the original source at BBC