Contactless limit could rise to £100
27/01/2021 | news | business | 522
The financial regulator will consult "shortly" on a rise from the current limit of £45.
1
27/01/2021 14:53:53 150 8
bbc
Fraudsters will be licking their lips ??
53
27/01/2021 15:06:44 106 48
bbc
This is a complete joke. What's wrong with putting in a PIN for big ticket items? I see the point of using it for getting a sandwich from the local shop but not £100 purchases.

The government once again putting big business gains ahead of the British public.
75
27/01/2021 15:10:06 11 31
bbc
Banks, Governments and Big Tech, are pushing this for their own ends.
With the aid of the Liberal elite media, who see an end to personal freedom as a way to roll out measures for the "betterment " of mankind as they see it.
312
27/01/2021 16:23:37 1 1
bbc
How would you know? Surely they are wearing masks?
2
27/01/2021 14:54:51 9 9
bbc
While this is great for those who want to use contactless, big stores need to be reminded and made to accept cash.

Unless I'm mistaken, cash is still legal tender yet many of the big stores think they can override the law.
19
27/01/2021 14:59:06 9 5
bbc
In what way would they be overriding the law? Is there a law which says that a merchant must accept cash?
29
27/01/2021 15:00:39 3 0
bbc
I know several people including the older who do not have credit or debit cards. It's too early for a cashless society
37
27/01/2021 15:03:26 6 1
bbc
The definition of "legal tender" doesn't cover this. Legal tender is only valid in the case of settlement of a debt. If you haven't yet bought something, you don't owe anyone anything and there is no debt. Retailers have no obligation in law to accept cash payment.
48
27/01/2021 15:05:53 5 0
bbc
Legal tender relates to the settling of debt not to the purchasing items in a shop. Shops (or any person) are under no obligation to accept legal tender when conducting a transaction.
84
D
27/01/2021 15:12:21 5 1
bbc
It still is legal tender. Doesn't mean anyone has to accept it though. Their business - their rules.
92
27/01/2021 15:16:06 3 1
bbc
I suggest you look up the meaning of "legal tender" it's not what you apparently think.
3
27/01/2021 14:55:13 158 4
bbc
The low limit was to help limit fraud in the absense of a PIN or signature. What's changed?
9
27/01/2021 14:56:59 50 31
bbc
covid
20
27/01/2021 14:59:10 8 1
bbc
"However, there was a 16% increase in the total value of contactless payments in the UK in October, compared with the same month a year earlier, the latest data from UK Finance - which represents banks - shows." - It is literally in the article...

Of course it raises security concerns, but that's why they are doing a consultation. I would guess the risks are minimised during lockdown.
179
27/01/2021 15:35:14 13 28
bbc
Using Covid as an excuse to accelerate the push towards a cashless society

When we are cashless the Gvt can control what & how we spend ("no more petrol for you this month Sir, youve already spent your petrol quota - we need to restrict travel to curb climate change" etc)

Covid being used as an excuse to bring in many things which would never be voted for by the public (heath passports incoming)
217
27/01/2021 15:48:00 8 0
bbc
The banks finding a loophole, that means they are not responsible for any fraud.
291
27/01/2021 16:17:06 9 1
bbc
Nothing, raising the limit just makes card theft far more likely.
431
27/01/2021 19:48:22 1 2
bbc
It has been the equivalent of about £70 contactless in Canada for at least the past two years. That was when it was still only £30 here.
432
27/01/2021 19:50:37 3 1
bbc
They've got years of data now and can see what the levels of fraud actually are.
4
27/01/2021 14:55:38 64 7
bbc
can i set my own limit pleas
174
27/01/2021 15:34:02 51 35
bbc
When you can spell and punctuate!
186
27/01/2021 15:37:58 2 1
bbc
Yes. Ring your bank.
e Removed
322
27/01/2021 16:25:34 0 2
bbc
Of course, just pay by card up to the limit you want, for anything over that, don't pay by card.
5
27/01/2021 14:55:41 37 5
bbc
This just sounds like its going to be more trouble than its worth. Now you could loose even more money in one go before you realise anything has happened to your card.
248
27/01/2021 15:58:55 9 13
bbc
tell me where you keep your cash, i will take that.. then you can phone your bank and tell them you've lost all of you cash.. the next noise you will hear is the bank putting the phone down on you. cash no protection, card full protection!! What century do you guys live in
302
27/01/2021 16:20:37 1 0
bbc
It should be finger print for everything PINS are bad for the elderly and they could spend lots of money and doesn't help people with Bipolar and shopping/gambling debts
6
27/01/2021 14:56:10 10 6
bbc
NO THANK YOU!!!!!
13
27/01/2021 14:58:11 14 5
bbc
If you feel that strongly, don't use a card, only use cash.
7
27/01/2021 14:56:44 4 4
bbc
A £100 limit is a good idea but could lead some into major debt. I would suggest they limit this to types of purchase. Food yes, fuel yes. Luxury items and alcohol No
79
D
27/01/2021 15:11:23 3 1
bbc
How? It's a debit card. If the money isn't in the account, you can't spend it. Plus, who decides what is a luxury? Plus, take responsibility for your own spending!
8
27/01/2021 14:56:58 50 2
bbc
Oh great even more can be spent on stolen cards, who's liable?
27
D
27/01/2021 15:00:13 32 3
bbc
The bank. A similar thing happened to me - the bank rang me and we went through all the recent purchases together and they wiped off all the ones I said weren't mine.
370
27/01/2021 16:44:23 1 0
bbc
My cards have never been stolen, but I have occasionally lost some and cancelled them before they could be used.
But a few years ago someone was using my card, which I still had in my possession at home in London, to have a whale of a time at a hotel in Sofia, Bulgaria!
When I rang the bank they just said don't worry it happens all the time and they gave me a new card and my money back.
3
27/01/2021 14:55:13 158 4
bbc
The low limit was to help limit fraud in the absense of a PIN or signature. What's changed?
9
27/01/2021 14:56:59 50 31
bbc
covid
117
27/01/2021 15:19:26 7 15
bbc
Not relevant.
467
28/01/2021 08:21:01 1 0
bbc
not a good reason
475
28/01/2021 09:16:30 0 0
bbc
Not a valid excuse for such a high limit.
10
27/01/2021 14:57:14 44 10
bbc
£100 seems a little high, perhaps they could do with asking the public first. For me £60 appears to be a better level to limit risk
45
27/01/2021 15:05:31 34 8
bbc
There's no physical barrier to prevent multiple transactions. That's the whole point of PIN.

The limit is per transaction, not per day. A fraudster can stand there all day rinsing a card.
114
27/01/2021 15:18:38 14 1
bbc
"perhaps they could do with asking the public first"

That's literally what a consultation is
197
27/01/2021 15:41:05 1 2
bbc
Great. Let's ask 30 million people to pick a random number out of thin air based on nothing at all.

Or, let them just do it, and you mind your own money.
242
27/01/2021 15:57:12 0 1
bbc
Depends if you do a weekly shop or not. You can burn through a score for a family pretty easy enough if you fill the trolley.
515
28/01/2021 19:03:11 0 0
bbc
MEET AT £75 OR CHIP AND PIN, CAN DO 60 IN TESCO ON A WEEKLY SHOP.
11
27/01/2021 14:57:36 56 4
bbc
Agree with Benthic - It was only raise to £45 from £30 to help shoppers get through checkouts quicker - but if a thief stole your card he could rack up thousands in no time at all.
26
27/01/2021 15:00:12 25 51
bbc
Thief = 'he' in your world does it.

HATE CRIME!!!!!
77
27/01/2021 15:10:35 5 4
bbc
What on 3 swipes of £45 before the card gets declined - do the maths.
124
dav
27/01/2021 15:20:59 8 5
bbc
"Agree with Benthic" - that's not what Benthic said
"raise to £45 from £30 to help shoppers get through checkouts quicker" - no, it was largely to prevent fingers on the keypad transmitting virus
"if a thief stole your card he could rack up thousands" - 1000s of pennies maybe; wrong again
"in no time at all" - well it would take some time wouldn't it, not no time

Your entire comment was wrong....
236
27/01/2021 15:55:57 0 4
bbc
no SHE couldn't. Because you would cancel your card within minutes and the bank would halt all transactions and repay you!!
358
27/01/2021 16:37:35 0 2
bbc
Unless you regularly spend thousands, the bank will recognise the unusual transactions and the card reader will ask for a pin number.
Anyway you are not liable for losses as long as you report the theft straight away.
425
27/01/2021 18:40:26 0 0
bbc
Would take a thief a long time to take thousands from my bank account .....
433
27/01/2021 19:53:06 0 1
bbc
No they couldn't. The bank systems are pretty sophisticated with how they learn a persons spending habits. Twice I've had my card cloned and both times the bank contacted me about the spending well before it got anywhere near four figures.
514
28/01/2021 18:58:06 0 0
bbc
Not so. After a number of contactless uses (for most banks 6 or less) the card is invalid until the PIN is used.
12
27/01/2021 14:58:00 126 2
bbc
I believe this should be the choice of the account holder via an opt in method.

If the cardholder/account owner doesn't have clear and enforceable guarantees that money taken via contactless payments can be recovered, then I don't think the banks can make the decision to risk the money on the customer's behalf.
39
27/01/2021 15:04:34 42 2
bbc
I agree, this way any thief would only make small transactions just in case its a low limit, thus reducing the amount of fraud.
73
D
27/01/2021 15:09:49 8 0
bbc
It is. You can opt out.
6
27/01/2021 14:56:10 10 6
bbc
NO THANK YOU!!!!!
13
27/01/2021 14:58:11 14 5
bbc
If you feel that strongly, don't use a card, only use cash.
14
27/01/2021 14:58:14 8 4
bbc
Just higher amount of fraud.
15
27/01/2021 14:58:15 4 5
bbc
£45 was good but thing £100 is too much, a good compromise is £70, thats good for a big supermarket shop, too big a limit is a greater risk of Fraud.
16
27/01/2021 14:58:22 8 5
bbc
This idea is just plain stupid!
58
27/01/2021 15:07:19 2 2
bbc
it isn't....it's clever way toi make more money. unfortunately, the banks will make more money, and you'll make less
17
27/01/2021 14:58:41 281 9
bbc
Card users should be able to set their own limits if they are taking the risk. Basically the same as they can choose how much cash they carry with them.
71
D
27/01/2021 15:09:26 97 11
bbc
That's an excellent idea.
139
27/01/2021 15:24:53 8 4
bbc
£190bn lost to fraud...

https://www.bbc.co.uk/news/business-55769991

Electronic money, isn't it great ?
147
27/01/2021 15:26:47 13 0
bbc
You can opt out of contactless. Just ask your card provider to send you a card without that feature and destroy your contactless one when they do.
155
27/01/2021 15:28:56 14 4
bbc
there is no risk, if something goes wrong, you ring up the card provider and they refund all transactions immediately if someone uses contact less without your permission - that's why you have to authorise by pin every so often and why they are being so cautious. It's them that get hit not you.
183
27/01/2021 15:36:26 8 1
bbc
Mine would be less than £10 , how long does it take to do a pin?
205
27/01/2021 15:45:24 8 1
bbc
It can be done. I've limited mine to £20.

Lost my card once -tracked it down to a "Eat" cafe -the staff had found it on the floor & handed it back with a lecture about contactless payments & how someone could have made a series of £30 payments by the time I'd discovered it missing. Their advice was to limit the card -if a £30 payment doesn't work, the thief would assume it had been cancelled.
223
27/01/2021 15:50:18 1 0
bbc
but when paying using a credit card, you aren't using your money. Hence the limits are set by the issuing bank.
227
27/01/2021 15:52:56 1 2
bbc
Unless you lose your debit card and someone empties your bank account with it.
266
27/01/2021 16:06:15 0 0
bbc
Well they are not taking the risks... the banks have to refund card users... at least as long as they've behaved responsibly.
268
27/01/2021 16:06:47 1 0
bbc
Sensible idea, fancy a job as UK chancellor?
270
27/01/2021 16:09:13 0 1
bbc
Problem is what if someone uses the card if they find it or purse/wallet is stolen? I think facial recognition technology is needed or a way of security
301
27/01/2021 16:19:54 2 0
bbc
This isn't actually how it works.

The retailer is the one taking the risk - cardholder can dispute the transaction, and because there was no verification, they will get their money back.

The retailer is obliged to verify identity. 100% of the risk with contactless payments is on the retailer. None is on the bank, none is on the cardholder.
306
27/01/2021 16:22:07 1 1
bbc
Not if the card's been nicked.....
415
27/01/2021 18:04:09 0 1
bbc
Except if someone sets £200 and the card is used 30 times when stolen and before the auto stop from thbank kicks in that is £6000 gone. Ho does the card issuer know they have the funds to meet that?
435
27/01/2021 19:56:54 0 0
bbc
They aren't though.
453
28/01/2021 01:12:29 0 0
bbc
Good idea, but there will still be careless muppets who max their limit, get burnt & scream & scream 'til they're sick that it's the banks fault & they should cover the loss.

Make the cardholder responsible for the first alleged misuse transaction on the card & the bank for any after the cardholder has reported the misuse & the customer for any after the bank has flagged misuse to customer.
18
27/01/2021 14:58:42 31 5
bbc
No way would I be happy with this. It may be convenient for banks and businesses but is too open to abuse. Is typing four numbers on a keypad so time consuming or dangerous to justify the risks ?
252
27/01/2021 15:59:55 4 3
bbc
but the risk isn't with you, its with the merchant. ever had cash lost or stolen?? ever got it back...no
305
27/01/2021 16:21:39 0 0
bbc
that can be frauded and the elderly can forget their pins people can't risk during the virus not having access to bank and forgetting their PIN number. The problem is we need finger prints and facial recognition tech
2
27/01/2021 14:54:51 9 9
bbc
While this is great for those who want to use contactless, big stores need to be reminded and made to accept cash.

Unless I'm mistaken, cash is still legal tender yet many of the big stores think they can override the law.
19
27/01/2021 14:59:06 9 5
bbc
In what way would they be overriding the law? Is there a law which says that a merchant must accept cash?
107
27/01/2021 15:18:00 4 0
bbc
No-too many people don't actually know the meaning of 'legal tender", a seller can refuse to take cash.
3
27/01/2021 14:55:13 158 4
bbc
The low limit was to help limit fraud in the absense of a PIN or signature. What's changed?
20
27/01/2021 14:59:10 8 1
bbc
"However, there was a 16% increase in the total value of contactless payments in the UK in October, compared with the same month a year earlier, the latest data from UK Finance - which represents banks - shows." - It is literally in the article...

Of course it raises security concerns, but that's why they are doing a consultation. I would guess the risks are minimised during lockdown.
387
27/01/2021 16:38:46 2 1
bbc
While the risks may be minimised during lockdown, what is to say they are going to reduce the limit when thing eventually get back to normal (or near normal).

‘SCA' Fraud prevention measures were introduce in 2019 by the EU (or has Bozo scrapped these already) https://www.themoneypages.com/saving-banking/new-rules-contactless-payment-users-combat-fraud/
21
27/01/2021 14:59:14 7 4
bbc
Dear God.

This makes your wallet getting nicked with 5 cards in it all the scarier.

Fortunately I'm already poor so any transaction would be rejected after a couple of taps - another bonus of living in the taxation capital of the world!
60
D
27/01/2021 15:07:40 3 1
bbc
Dear Ahmed

This is the BBC. Not God.
22
Jon
27/01/2021 14:59:27 1 3
bbc
As a retailer I would want to know who will stand the losses in the case of fraud?

It is still very rare to get charge backs on transactions where the customer disputes it, but on the couple I have had the bank asked me to prove the customer was present which obviously you can't really do.
52
27/01/2021 15:06:23 0 0
bbc
you
23
PCS
27/01/2021 14:59:55 5 4
bbc
I'm immediately going to ask my bank, that this is removed from card of father, son, daughter and WIFE!! I've lost count of the number of times the WIFE has mislaid the damn thing!
55
D
27/01/2021 15:06:56 5 2
bbc
Do you always make decisions for your wife and family?
267
27/01/2021 16:06:39 0 0
bbc
I'm sure your wife, as a grown woman, can make her own decisions.
24
27/01/2021 14:55:06 73 6
bbc
Great until you get your card stolen.
168
27/01/2021 15:32:48 27 6
bbc
Unlike cash, where there is a limit, the only limit is how much is in your bank account.
175
27/01/2021 15:34:36 5 0
bbc
Simple answer to both problems - use a prepay card for virtually everything. Only "charge" it up with enough credit for what you need.

Your losses are automatically limited to that, unlike a "normal" credit card as unlike a "normal" credit card you can't spend money you haven't "charged" the card up with.

If you try, the transaction is declined.
204
27/01/2021 15:44:37 2 0
bbc
Or you lose your wallet with your card and cash in :)
231
27/01/2021 15:54:41 6 0
bbc
a bank will honour a stolen card and so long as you've contacted them they will know from algorithm analysis and spend pattern if it's true - try losing £500 in cash and see if your bank will repay you.
350
27/01/2021 16:34:01 3 0
bbc
Don't worry you're not liable for losses if you report the theft straight away.
459
28/01/2021 07:26:59 0 0
bbc
The banks algorithms are pretty smart these days

I had a card stolen in London (which I had used multiple times without issue) and when I called my bank they had already blocked it, on the thieves very first purchase attempt, because it didn't fit my profile..
25
27/01/2021 14:59:59 28 7
bbc
Too high, does not need to be above £60 without a PIN number.
35
27/01/2021 15:02:53 18 4
bbc
You can always opt out, it’s not compulsory to use contactless payment
199
27/01/2021 15:41:41 1 1
bbc
I disagree. £67.56 is the correct limit.
255
27/01/2021 16:00:55 0 1
bbc
what world do you live in?
11
27/01/2021 14:57:36 56 4
bbc
Agree with Benthic - It was only raise to £45 from £30 to help shoppers get through checkouts quicker - but if a thief stole your card he could rack up thousands in no time at all.
26
27/01/2021 15:00:12 25 51
bbc
Thief = 'he' in your world does it.

HATE CRIME!!!!!
151
27/01/2021 15:28:08 12 6
bbc
I think the crime figures show that to be correct ? what's the issue? Men are responsible for most crime worldwide so get over it will you and face up to the real facts of life
203
27/01/2021 15:44:16 10 2
bbc
The word 'he' can be used grammatically and legally to mean someone of any sex. Once upon a time, there was only the word 'he'. If you are not comfortable with this, you can use 'they' for singular or plural.
220
27/01/2021 15:48:58 9 2
bbc
Give it a rest
253
27/01/2021 16:00:05 11 3
bbc
And its that sort of nit picking peoples words that causes hate crime
469
28/01/2021 08:23:05 0 1
bbc
You snowflake..get a life
8
27/01/2021 14:56:58 50 2
bbc
Oh great even more can be spent on stolen cards, who's liable?
27
D
27/01/2021 15:00:13 32 3
bbc
The bank. A similar thing happened to me - the bank rang me and we went through all the recent purchases together and they wiped off all the ones I said weren't mine.
88
27/01/2021 15:14:30 13 0
bbc
Can they call my wife please?
304
27/01/2021 16:21:37 4 0
bbc
The bank isn't, actually.

The retailer bears 100% of the responsibility for verifying identity with card payments. The cardholder can get their money back, and the bank just won't pay the retailer if the transaction is disputed.

Endless limits screw small businesses.
28
27/01/2021 15:00:17 5 4
bbc
Keep washing your debit and credit cards.
82
Tim
27/01/2021 15:12:08 1 0
bbc
I launder all my money hehe
118
D
27/01/2021 15:19:37 3 0
bbc
What are you on about?
2
27/01/2021 14:54:51 9 9
bbc
While this is great for those who want to use contactless, big stores need to be reminded and made to accept cash.

Unless I'm mistaken, cash is still legal tender yet many of the big stores think they can override the law.
29
27/01/2021 15:00:39 3 0
bbc
I know several people including the older who do not have credit or debit cards. It's too early for a cashless society
30
27/01/2021 14:55:27 5 8
bbc
This is good news. Contactless is safe, efficient and here to stay!
41
27/01/2021 15:04:58 6 3
bbc
Until you mislay your card & we have all done it. Then you gift someone £300.

I would prefer to use a PIN followed by hand sanitizer that didn't cost me £300.
44
27/01/2021 15:05:10 1 3
bbc
and open to massive fraud
69
PCS
27/01/2021 15:09:01 0 1
bbc
I detect an opportunistic tendency!
31
Tom
27/01/2021 14:56:09 3 5
bbc
Make the change.
32
27/01/2021 14:56:15 12 5
bbc
What protection will be given to customers who have cards stolen or lost, as you can use the card 3 times as contactless that's going to be £300 hit to their bank account potentially
40
27/01/2021 15:04:48 5 2
bbc
your bank and product admin costs will go up to cover it

so in fact, next week, the figure is £104 limit
318
27/01/2021 16:25:08 0 0
bbc
There is no risk to cardholders with contactless payments. It is the retailer's obligation to verify identity. If they fail and the cardholder disputes it, the bank will just not give them the money.

No risk to cardholders, no risk to bankers, huge risk to businesses, especially small businesses.
33
27/01/2021 15:02:06 2 9
bbc
Only used to be 'cashlesss article' every 3 months from the BBC, but even that was obviously designed and planned. It's nearly one a week now.

Always prominently placed, always drip, dip into the consciousness.

Banking mates and media mates, linked by the hidden hand. The long term plan coming to fruition.
43
27/01/2021 15:05:02 1 1
bbc
It's the future.
46
D
27/01/2021 15:05:47 3 1
bbc
You could use contactless to buy a tin foil hat.
54
27/01/2021 15:06:52 3 1
bbc
Absolutely right, Banks, Governments and Big Tech, are pushing this for their own ends.
With the aid of the Liberal elite media, who see an end to personal freedom as a way to roll out measures for the "betterment " of mankind as they see it.
80
27/01/2021 15:11:33 0 0
bbc
Rubbish
141
27/01/2021 15:25:21 0 0
bbc
This and 5g.
34
27/01/2021 15:02:32 2 9
bbc
...and the (bluetooth) technology to hack this is still readily available.
59
27/01/2021 15:07:38 6 1
bbc
You're right about there being hacks around, but contactless uses NFC (Near Field Communication) not Bluetooth. The hack is to walk past you with a custom NFC scanner in a bag that's been boosted to increase its range. if you don't have a Faraday cage for your cards, get one, because this increase makes the hacking much more profitable.
83
27/01/2021 15:12:08 2 0
bbc
You've proven your lack of knowledge of the technology.
From the start its been using NFC. Which without a huge and noticeable antenna the range is limited to a few centimetres
25
27/01/2021 14:59:59 28 7
bbc
Too high, does not need to be above £60 without a PIN number.
35
27/01/2021 15:02:53 18 4
bbc
You can always opt out, it’s not compulsory to use contactless payment
81
27/01/2021 15:12:06 3 0
bbc
Better to opt in above £30
36
27/01/2021 15:02:49 10 9
bbc
Contactless was supposed to be for small amounts in order to prevent fraud with lost or stolen cards to limit the amount. Raising the limit to £100 is just madness.
67
27/01/2021 15:08:45 3 6
bbc
When a couple of hundred miles of railway is estimated to cost upwards of £100bn, we can safely say that £100 is small beer these days.
2
27/01/2021 14:54:51 9 9
bbc
While this is great for those who want to use contactless, big stores need to be reminded and made to accept cash.

Unless I'm mistaken, cash is still legal tender yet many of the big stores think they can override the law.
37
27/01/2021 15:03:26 6 1
bbc
The definition of "legal tender" doesn't cover this. Legal tender is only valid in the case of settlement of a debt. If you haven't yet bought something, you don't owe anyone anything and there is no debt. Retailers have no obligation in law to accept cash payment.
62
27/01/2021 15:08:00 1 1
bbc
Well it is right in law but wrong for many people who can only use cash. Generally these are the weaker ones in society
64
27/01/2021 15:08:11 1 1
bbc
But they do have an obligation in law to not discriminate against patrons. Many people don't have C&P cards, only cash cards which cannot be used for transactions.

There are varying reasons as to why someone would not have a C&P card, age, illegible, CCJs etc.
38
27/01/2021 15:04:04 1 11
bbc
there is no way at all that this could lead to increased fraud
12
27/01/2021 14:58:00 126 2
bbc
I believe this should be the choice of the account holder via an opt in method.

If the cardholder/account owner doesn't have clear and enforceable guarantees that money taken via contactless payments can be recovered, then I don't think the banks can make the decision to risk the money on the customer's behalf.
39
27/01/2021 15:04:34 42 2
bbc
I agree, this way any thief would only make small transactions just in case its a low limit, thus reducing the amount of fraud.
477
28/01/2021 09:32:47 1 0
bbc
Using a card will also reduce the amount small business's can fiddle/thieve tax. Tax avoidance rife among small /medium business' as well as large companies.
32
27/01/2021 14:56:15 12 5
bbc
What protection will be given to customers who have cards stolen or lost, as you can use the card 3 times as contactless that's going to be £300 hit to their bank account potentially
40
27/01/2021 15:04:48 5 2
bbc
your bank and product admin costs will go up to cover it

so in fact, next week, the figure is £104 limit
30
27/01/2021 14:55:27 5 8
bbc
This is good news. Contactless is safe, efficient and here to stay!
41
27/01/2021 15:04:58 6 3
bbc
Until you mislay your card & we have all done it. Then you gift someone £300.

I would prefer to use a PIN followed by hand sanitizer that didn't cost me £300.
42
27/01/2021 15:05:02 76 14
bbc
Before we get the usual drivel, it’s not compulsory to use contactless, you can always contact your bank and have the facility blocked. The choice is entirely yours and yours alone
57
27/01/2021 15:07:09 40 10
bbc
Absolutely - or simply choose the option for chip and pin at the till
126
27/01/2021 15:21:35 6 0
bbc
I did not realise this, but surely only a few people will do think to do it.

Perhaps it should be publicised more.
128
27/01/2021 15:22:42 5 1
bbc
Actually, you can decline on your debit card, which I have done, but credit card companies seem to enforce an opt-in. If the limit increases, I'll cancel my credit card.
129
27/01/2021 15:22:45 6 0
bbc
I tried that with both of my banks and they refused.
133
27/01/2021 15:23:20 6 0
bbc
No you can't - I have tried
143
27/01/2021 15:25:59 2 4
bbc
Most places only take contactless now
211
27/01/2021 15:46:36 5 2
bbc
Just ask your bank to replace your card with a non-contactless one. You’ll still be able to use it with a PIN.
417
27/01/2021 18:05:11 0 0
bbc
Or use cash and boycott those who will not accept it.
424
27/01/2021 18:29:26 3 0
bbc
That's not actually correct in my experience - I requested the removal of the contactless facility on two of my cards(different banks) and they both refused. A complaint to the FCA was also pointless as the FCA replied saying that it was a "commercial decision" by the bank, and they would not take any action. Ergo, I had the Hobsen's choice of a contactless card, or no card at all from that bank
33
27/01/2021 15:02:06 2 9
bbc
Only used to be 'cashlesss article' every 3 months from the BBC, but even that was obviously designed and planned. It's nearly one a week now.

Always prominently placed, always drip, dip into the consciousness.

Banking mates and media mates, linked by the hidden hand. The long term plan coming to fruition.
43
27/01/2021 15:05:02 1 1
bbc
It's the future.
30
27/01/2021 14:55:27 5 8
bbc
This is good news. Contactless is safe, efficient and here to stay!
44
27/01/2021 15:05:10 1 3
bbc
and open to massive fraud
113
27/01/2021 15:18:36 0 0
bbc
U1000571
15:04
there is no way at all that this could lead to increased fraud
10
27/01/2021 14:57:14 44 10
bbc
£100 seems a little high, perhaps they could do with asking the public first. For me £60 appears to be a better level to limit risk
45
27/01/2021 15:05:31 34 8
bbc
There's no physical barrier to prevent multiple transactions. That's the whole point of PIN.

The limit is per transaction, not per day. A fraudster can stand there all day rinsing a card.
130
27/01/2021 15:22:49 19 4
bbc
Not entirely true as the pincode is requested every so often even for contactless
228
27/01/2021 15:50:33 3 0
bbc
I would prefer to set a lower limit to avoid being robbed
243
27/01/2021 15:57:27 0 2
bbc
er, yes there is. banks track every transaction and you are limited daily.
265
27/01/2021 16:05:19 4 2
bbc
Not true at all, multiple transaction in a short period require a pin check.
33
27/01/2021 15:02:06 2 9
bbc
Only used to be 'cashlesss article' every 3 months from the BBC, but even that was obviously designed and planned. It's nearly one a week now.

Always prominently placed, always drip, dip into the consciousness.

Banking mates and media mates, linked by the hidden hand. The long term plan coming to fruition.
46
D
27/01/2021 15:05:47 3 1
bbc
You could use contactless to buy a tin foil hat.
47
27/01/2021 15:05:52 3 2
bbc
one might think that increasing this limit will lead to increased fraud - which in turn will give the banks a good excuse to up their admin fees to cover it
102
27/01/2021 15:17:26 0 0
bbc
U1000571
15:04
there is no way at all that this could lead to increased fraud

Are you automated, too?
2
27/01/2021 14:54:51 9 9
bbc
While this is great for those who want to use contactless, big stores need to be reminded and made to accept cash.

Unless I'm mistaken, cash is still legal tender yet many of the big stores think they can override the law.
48
27/01/2021 15:05:53 5 0
bbc
Legal tender relates to the settling of debt not to the purchasing items in a shop. Shops (or any person) are under no obligation to accept legal tender when conducting a transaction.
49
27/01/2021 15:05:29 6 5
bbc
Smart phone payment methods such as 'Apple Pay' allow limitless transactions.
If people were aware of this, they would not need to increase the contactless card limit
61
27/01/2021 15:07:40 11 2
bbc
Not everyone has a smartphone or wants to use that form of payment though.
50
27/01/2021 15:06:05 7 1
bbc
You can still insist on using your PIN.
66
27/01/2021 15:08:42 19 4
bbc
that won't help if someone else uses your card
165
27/01/2021 15:31:52 2 0
bbc
"You can still insist on using your PIN."

No you can't if someone scans your card in the street.
51
27/01/2021 15:06:08 10 2
bbc
It'll definitely lead to an increase in fraud, but the banks will need to underwrite that and agree to cover losses to stolen cards.
65
27/01/2021 15:08:23 8 4
bbc
oh the banks wuill absolutely cover it. via admin fees, non-free banking, etc
22
Jon
27/01/2021 14:59:27 1 3
bbc
As a retailer I would want to know who will stand the losses in the case of fraud?

It is still very rare to get charge backs on transactions where the customer disputes it, but on the couple I have had the bank asked me to prove the customer was present which obviously you can't really do.
52
27/01/2021 15:06:23 0 0
bbc
you
115
27/01/2021 15:19:19 0 0
bbc
U1000571
15:04
there is no way at all that this could lead to increased fraud
1
27/01/2021 14:53:53 150 8
bbc
Fraudsters will be licking their lips ??
53
27/01/2021 15:06:44 106 48
bbc
This is a complete joke. What's wrong with putting in a PIN for big ticket items? I see the point of using it for getting a sandwich from the local shop but not £100 purchases.

The government once again putting big business gains ahead of the British public.
100
27/01/2021 15:17:21 16 7
bbc
You really have missed the point.
136
27/01/2021 15:24:06 17 7
bbc
Where is the gain to "big business"? I spend or do not spend, £10 or £100 or £1000.

Where is the detriment to the British public? How does it matter anyone else how I choose to pay for my purchases? I might choose contactless, for example, so I don;t have to touch the same PIN pad that everyone else has touched. Because infectious disease, perhaps?
225
27/01/2021 15:51:09 15 2
bbc
It isnt the Government pushing this its the FCA which is an "independent" body thats funded by the banks, so its the banks that are ultimately pushing this agenda not a government.
226
27/01/2021 15:51:39 5 3
bbc
how are they doing that exactly. It's the merchant who takes the risk, not the public!!
276
27/01/2021 16:11:12 4 0
bbc
£100 is no longer a lot of money. It's a normal family shop.
But as someone else suggested, it's a level that should be set by the card user.
355
Bob
27/01/2021 16:36:43 3 0
bbc
Nothing to do with the government.
437
27/01/2021 19:57:41 0 0
bbc
teerw@
33
27/01/2021 15:02:06 2 9
bbc
Only used to be 'cashlesss article' every 3 months from the BBC, but even that was obviously designed and planned. It's nearly one a week now.

Always prominently placed, always drip, dip into the consciousness.

Banking mates and media mates, linked by the hidden hand. The long term plan coming to fruition.
54
27/01/2021 15:06:52 3 1
bbc
Absolutely right, Banks, Governments and Big Tech, are pushing this for their own ends.
With the aid of the Liberal elite media, who see an end to personal freedom as a way to roll out measures for the "betterment " of mankind as they see it.
23
PCS
27/01/2021 14:59:55 5 4
bbc
I'm immediately going to ask my bank, that this is removed from card of father, son, daughter and WIFE!! I've lost count of the number of times the WIFE has mislaid the damn thing!
55
D
27/01/2021 15:06:56 5 2
bbc
Do you always make decisions for your wife and family?
56
27/01/2021 15:06:56 1 7
bbc
Cash...victim 1,000,001 to Covid.
42
27/01/2021 15:05:02 76 14
bbc
Before we get the usual drivel, it’s not compulsory to use contactless, you can always contact your bank and have the facility blocked. The choice is entirely yours and yours alone
57
27/01/2021 15:07:09 40 10
bbc
Absolutely - or simply choose the option for chip and pin at the till
72
27/01/2021 15:09:43 11 2
bbc
Agree, you cannot be forced to use contactless
110
D
27/01/2021 15:18:16 16 1
bbc
How does that stop someone else using your contactless card?
16
27/01/2021 14:58:22 8 5
bbc
This idea is just plain stupid!
58
27/01/2021 15:07:19 2 2
bbc
it isn't....it's clever way toi make more money. unfortunately, the banks will make more money, and you'll make less
119
27/01/2021 15:19:45 0 0
bbc
U1000571
15:04
there is no way at all that this could lead to increased fraud
34
27/01/2021 15:02:32 2 9
bbc
...and the (bluetooth) technology to hack this is still readily available.
59
27/01/2021 15:07:38 6 1
bbc
You're right about there being hacks around, but contactless uses NFC (Near Field Communication) not Bluetooth. The hack is to walk past you with a custom NFC scanner in a bag that's been boosted to increase its range. if you don't have a Faraday cage for your cards, get one, because this increase makes the hacking much more profitable.
21
27/01/2021 14:59:14 7 4
bbc
Dear God.

This makes your wallet getting nicked with 5 cards in it all the scarier.

Fortunately I'm already poor so any transaction would be rejected after a couple of taps - another bonus of living in the taxation capital of the world!
60
D
27/01/2021 15:07:40 3 1
bbc
Dear Ahmed

This is the BBC. Not God.
49
27/01/2021 15:05:29 6 5
bbc
Smart phone payment methods such as 'Apple Pay' allow limitless transactions.
If people were aware of this, they would not need to increase the contactless card limit
61
27/01/2021 15:07:40 11 2
bbc
Not everyone has a smartphone or wants to use that form of payment though.
37
27/01/2021 15:03:26 6 1
bbc
The definition of "legal tender" doesn't cover this. Legal tender is only valid in the case of settlement of a debt. If you haven't yet bought something, you don't owe anyone anything and there is no debt. Retailers have no obligation in law to accept cash payment.
62
27/01/2021 15:08:00 1 1
bbc
Well it is right in law but wrong for many people who can only use cash. Generally these are the weaker ones in society
63
27/01/2021 15:08:11 4 4
bbc
As many of the posters have mentioned, £100 is way open to fraud.

We need the ability to set out own limits and also set the threshold of when the system will automatically ask for the user to enter their pin to verify that it is them using it and not some thief. Lowering the limit so that you get an email / text for every transaction rather than transactions over £50 would help counter fraud.
76
Hex
27/01/2021 15:10:18 4 0
bbc
Already get notifications from Barclays every time I use my card.
104
27/01/2021 15:17:53 0 0
bbc
pin usage is already enforced when expenditure on contactless has happened on that day
37
27/01/2021 15:03:26 6 1
bbc
The definition of "legal tender" doesn't cover this. Legal tender is only valid in the case of settlement of a debt. If you haven't yet bought something, you don't owe anyone anything and there is no debt. Retailers have no obligation in law to accept cash payment.
64
27/01/2021 15:08:11 1 1
bbc
But they do have an obligation in law to not discriminate against patrons. Many people don't have C&P cards, only cash cards which cannot be used for transactions.

There are varying reasons as to why someone would not have a C&P card, age, illegible, CCJs etc.
51
27/01/2021 15:06:08 10 2
bbc
It'll definitely lead to an increase in fraud, but the banks will need to underwrite that and agree to cover losses to stolen cards.
65
27/01/2021 15:08:23 8 4
bbc
oh the banks wuill absolutely cover it. via admin fees, non-free banking, etc
50
27/01/2021 15:06:05 7 1
bbc
You can still insist on using your PIN.
66
27/01/2021 15:08:42 19 4
bbc
that won't help if someone else uses your card
95
27/01/2021 15:16:34 2 2
bbc
"You can still tell the bank to disable contactless on your card"

Better?
106
27/01/2021 15:17:56 2 2
bbc
You can also ask your bank to disable the contactless ability on your card
36
27/01/2021 15:02:49 10 9
bbc
Contactless was supposed to be for small amounts in order to prevent fraud with lost or stolen cards to limit the amount. Raising the limit to £100 is just madness.
67
27/01/2021 15:08:45 3 6
bbc
When a couple of hundred miles of railway is estimated to cost upwards of £100bn, we can safely say that £100 is small beer these days.
378
27/01/2021 16:56:19 0 0
bbc
That's about £35BN to purchase land and build and the rest to consultants, lawyers and other back handers
68
D
27/01/2021 15:08:57 3 2
bbc
Excellent. I'll use the banking app on my phone for much more purchases now. And I'm more likely to have my phone on me than my wallet.
30
27/01/2021 14:55:27 5 8
bbc
This is good news. Contactless is safe, efficient and here to stay!
69
PCS
27/01/2021 15:09:01 0 1
bbc
I detect an opportunistic tendency!
70
27/01/2021 15:09:20 22 2
bbc
No one is making anyone use contactless? You can still use your pin if you desire (personally never use it now really). You can also have your contactless disabled on cards if you contact your bank.
108
27/01/2021 15:18:01 10 1
bbc
I had contactless removed from my cards. The only downside I've found is that they no longer work at Pay-at-Pump petrol garages - something to do with how the card is checked that you have money in your account to afford the Petrol.
17
27/01/2021 14:58:41 281 9
bbc
Card users should be able to set their own limits if they are taking the risk. Basically the same as they can choose how much cash they carry with them.
71
D
27/01/2021 15:09:26 97 11
bbc
That's an excellent idea.
57
27/01/2021 15:07:09 40 10
bbc
Absolutely - or simply choose the option for chip and pin at the till
72
27/01/2021 15:09:43 11 2
bbc
Agree, you cannot be forced to use contactless
12
27/01/2021 14:58:00 126 2
bbc
I believe this should be the choice of the account holder via an opt in method.

If the cardholder/account owner doesn't have clear and enforceable guarantees that money taken via contactless payments can be recovered, then I don't think the banks can make the decision to risk the money on the customer's behalf.
73
D
27/01/2021 15:09:49 8 0
bbc
It is. You can opt out.
238
27/01/2021 15:56:24 3 0
bbc
Right, so, opt out not opt in then?
250
27/01/2021 15:59:05 2 0
bbc
Have you tried to opt out of this, I did and the bank told me that they no longer make cards that are not NFC enabled.
74
27/01/2021 15:09:59 3 2
bbc
Unless I need to spend more than £100 I'll be leaving my card secure at home. My phone uses fingerprint verification so can use card through that safely the actual card is essentially unsecured. Can see a rise in bag snatching and pickpocketing through this.
94
27/01/2021 15:16:31 2 0
bbc
A little difficult to pickpocket AND observe the 2 metre social distancing rule....
101
27/01/2021 15:17:24 1 0
bbc
Or thumb-chopping as phones as snagged :-)
369
27/01/2021 16:43:06 0 0
bbc
Not much more than before. People have done it less due to covid. The problem is the technology. Phones have finger prints .
1
27/01/2021 14:53:53 150 8
bbc
Fraudsters will be licking their lips ??
75
27/01/2021 15:10:06 11 31
bbc
Banks, Governments and Big Tech, are pushing this for their own ends.
With the aid of the Liberal elite media, who see an end to personal freedom as a way to roll out measures for the "betterment " of mankind as they see it.
176
27/01/2021 15:34:41 15 5
bbc
Do you think perhaps that might be a slight overreaction?
218
27/01/2021 15:48:03 10 3
bbc
Do you even know what "liberal" means? From your comment it seems not...
63
27/01/2021 15:08:11 4 4
bbc
As many of the posters have mentioned, £100 is way open to fraud.

We need the ability to set out own limits and also set the threshold of when the system will automatically ask for the user to enter their pin to verify that it is them using it and not some thief. Lowering the limit so that you get an email / text for every transaction rather than transactions over £50 would help counter fraud.
76
Hex
27/01/2021 15:10:18 4 0
bbc
Already get notifications from Barclays every time I use my card.
137
27/01/2021 15:24:14 0 0
bbc
Santander set theirs at £50 for a debit card. Bit poor really.
11
27/01/2021 14:57:36 56 4
bbc
Agree with Benthic - It was only raise to £45 from £30 to help shoppers get through checkouts quicker - but if a thief stole your card he could rack up thousands in no time at all.
77
27/01/2021 15:10:35 5 4
bbc
What on 3 swipes of £45 before the card gets declined - do the maths.
78
27/01/2021 15:10:06 3 3
bbc
A bit off topic but the advent of contactless and not getting a receipt unless you insist is fuelling fake shelf price discounts. I paid £4.43 for goods shelf priced at £3.89 in a convenience store yesterday (no receipt offered). Checking the receipt from my big supermarket shop last week I see an advertised multisave wasn't applied at checkout. Worth a BBC investigation in its own right?
178
27/01/2021 15:34:50 2 0
bbc
To be honest, you shouldn't have to insist on getting a receipt, it should be offered for you to refuse. Also to check receipt before you leave the store.
7
27/01/2021 14:56:44 4 4
bbc
A £100 limit is a good idea but could lead some into major debt. I would suggest they limit this to types of purchase. Food yes, fuel yes. Luxury items and alcohol No
79
D
27/01/2021 15:11:23 3 1
bbc
How? It's a debit card. If the money isn't in the account, you can't spend it. Plus, who decides what is a luxury? Plus, take responsibility for your own spending!
33
27/01/2021 15:02:06 2 9
bbc
Only used to be 'cashlesss article' every 3 months from the BBC, but even that was obviously designed and planned. It's nearly one a week now.

Always prominently placed, always drip, dip into the consciousness.

Banking mates and media mates, linked by the hidden hand. The long term plan coming to fruition.
80
27/01/2021 15:11:33 0 0
bbc
Rubbish
35
27/01/2021 15:02:53 18 4
bbc
You can always opt out, it’s not compulsory to use contactless payment
81
27/01/2021 15:12:06 3 0
bbc
Better to opt in above £30
28
27/01/2021 15:00:17 5 4
bbc
Keep washing your debit and credit cards.
82
Tim
27/01/2021 15:12:08 1 0
bbc
I launder all my money hehe
34
27/01/2021 15:02:32 2 9
bbc
...and the (bluetooth) technology to hack this is still readily available.
83
27/01/2021 15:12:08 2 0
bbc
You've proven your lack of knowledge of the technology.
From the start its been using NFC. Which without a huge and noticeable antenna the range is limited to a few centimetres
2
27/01/2021 14:54:51 9 9
bbc
While this is great for those who want to use contactless, big stores need to be reminded and made to accept cash.

Unless I'm mistaken, cash is still legal tender yet many of the big stores think they can override the law.
84
D
27/01/2021 15:12:21 5 1
bbc
It still is legal tender. Doesn't mean anyone has to accept it though. Their business - their rules.
85
27/01/2021 15:12:31 29 2
bbc
You should be able to set your own limit for contactless, within reason. At least then only you know it and a potential thief will not.

The banks have the technology to do this.
112
Ben
27/01/2021 15:18:25 9 0
bbc
They have the tech, but the management their end would be a nightmare. There's a reason you can't pick a completely random amount (eg. £123) as an overdraft.

The tech exists and this idea is sensible, but I can imagine the headline (X-bank cards stop working due to system overload - Is this the end of banks?)
344
Bob
27/01/2021 16:31:22 0 0
bbc
But the bank is responsible for your negligence. If you lose your card, someone picks it up and uses it you are entitled to that money back.

If you had decided to set a sky high limit, that's unjust for the bank.

It would have to be coupled with an opt-out of fraudulent transaction refunds.
86
27/01/2021 15:13:51 5 4
bbc
Great idea. Basically won't need to carry cards anymore so the chance of losing them or being stolen more or less eliminated.....payments all safe and secure using Google/Apple Pay on my mobile.
87
27/01/2021 15:14:05 2 5
bbc
Absolutely no need, they'll just be more fraud. Contact Less is good for piddling amounts but not a problem entering a pin no.
91
27/01/2021 15:16:05 2 2
bbc
Luddite !
109
27/01/2021 15:18:05 0 0
bbc
Anyhow, use ApplePay. Much more secure
27
D
27/01/2021 15:00:13 32 3
bbc
The bank. A similar thing happened to me - the bank rang me and we went through all the recent purchases together and they wiped off all the ones I said weren't mine.
88
27/01/2021 15:14:30 13 0
bbc
Can they call my wife please?
89
27/01/2021 15:15:15 3 5
bbc
I thought that this was the poverty struck UK , who needs a contactless limit of £100.
164
27/01/2021 15:31:48 1 0
bbc
It may surprise you to learn that we do not all, every single one of us, have the same incomes. I earn less than some and more than others. Some are in poverty, some are not. Some are wealthy.

Who needs a higher limit? Werll, people that want to spend more that £45.00 in one go without touching the PIN pad.

My car costs £55 to fill up. My weekly shopping is more that £45. Need I go on?
90
27/01/2021 15:15:32 6 1
bbc
This is good news but should be accompanied by spend notifications and/or user adjustable limits in your bank / banking app.

Set what limit you’re happy with and choose whether to receive notifications if and when it’s used.
103
27/01/2021 15:17:53 6 1
bbc
Very easy to get set up, just talk to your bank and they will oblige
341
27/01/2021 16:31:03 0 0
bbc
Notify customer via text of transaction in case of fraud another thing use finger print and or facial recognition
87
27/01/2021 15:14:05 2 5
bbc
Absolutely no need, they'll just be more fraud. Contact Less is good for piddling amounts but not a problem entering a pin no.
91
27/01/2021 15:16:05 2 2
bbc
Luddite !
2
27/01/2021 14:54:51 9 9
bbc
While this is great for those who want to use contactless, big stores need to be reminded and made to accept cash.

Unless I'm mistaken, cash is still legal tender yet many of the big stores think they can override the law.
92
27/01/2021 15:16:06 3 1
bbc
I suggest you look up the meaning of "legal tender" it's not what you apparently think.
93
27/01/2021 15:16:08 0 5
bbc
Oh great, now it won't take fraudsters so long to empty your Bank Account.
What sort of fools come up with these stupid ideas?
74
27/01/2021 15:09:59 3 2
bbc
Unless I need to spend more than £100 I'll be leaving my card secure at home. My phone uses fingerprint verification so can use card through that safely the actual card is essentially unsecured. Can see a rise in bag snatching and pickpocketing through this.
94
27/01/2021 15:16:31 2 0
bbc
A little difficult to pickpocket AND observe the 2 metre social distancing rule....
66
27/01/2021 15:08:42 19 4
bbc
that won't help if someone else uses your card
95
27/01/2021 15:16:34 2 2
bbc
"You can still tell the bank to disable contactless on your card"

Better?
408
27/01/2021 17:44:27 0 0
bbc
no, you can't. currently to have a card with no-contactless, you have to request a different bit of plastic. which, I guess, yes, is the same thing.

and if 20 million people in the UK all do that, we'll be dandy.

(they won't)
96
27/01/2021 15:16:37 6 0
bbc
I worked round this by also taking out a pre-paid card that I only charge with a relatively small amount of cash.

It was originally for holidays but I now use it for online, or face to face, purchases when I do not entirely trust the retailer.

A from of of 'blast limitation'.
97
27/01/2021 15:16:55 1 0
bbc
It concerns me too. I use the mobile phone for Contactless payment. Not sure about Apple, but good keeps a record when, where and how much is spent. The phone's contactless sensor will not act as a contactless card if the phone is locked. Adds a bit more security and peace of mind.
365
27/01/2021 16:41:54 0 0
bbc
Huaweis have finger print and patterns
98
27/01/2021 15:15:19 2 6
bbc
Just watch fraud go up if this happens!
99
27/01/2021 15:17:10 0 0
bbc
Another thing is to talk to your banks about is security and if your really worried, check your online bank accounts daily. Nearly all banks now give you the option of modelling security to suit your needs and that applies to credit cards. It’s useful to find out
53
27/01/2021 15:06:44 106 48
bbc
This is a complete joke. What's wrong with putting in a PIN for big ticket items? I see the point of using it for getting a sandwich from the local shop but not £100 purchases.

The government once again putting big business gains ahead of the British public.
100
27/01/2021 15:17:21 16 7
bbc
You really have missed the point.