Monday, January 30, 2017

Contactless payment : the maximum level of 30 € the fall – Europe1

The contactless payment is gaining ground. As soon as this fall, the owners of credit cards that are compatible will be able to pay for purchases up to 30€, instead of 20 euros so far, said Monday the groupement des cartes bancaires CB.

Enhancement in several phases. This upgrade will take place in several steps. First, from march to September, the payment terminals merchants will be set up to accept the new ceiling. Then, from October onwards, will be issued the new contactless payment cards to settle with the new ceiling.

A new ceiling is inaccessible to the current charts. On the other hand, the cards in circulation at this time will not be able to use this ceiling of € 30 and will remain limited to a maximum amount of 20 euros. The groupement des cartes bancaires CB is estimated that 40% of card holders will be able to pay in non-contact with the new ceiling of 30 euros by the end of 2018, based on the rate of renewal of cards.


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