Bank Cards: Coronavirus

(asked on 18th March 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what representations he has made to credit and debit card companies and retail banks on raising the £30 limit on contactless payments to reduce physical interaction in response to the covid-19 outbreak.


Answered by
John Glen Portrait
John Glen
This question was answered on 27th March 2020

Industry will increase the cap on the value of contactless transactions from 1 April, and shops will begin accepting payments up to £45.

The Treasury is working closely with industry and the financial regulators to ensure the steps they take are properly coordinated with Government’s wider economic response to COVID-19.

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