Monday, January 30, 2017

The ceiling of payment by contactless card raised to 30 € the fall –

Payment by credit card without contact (Illustration) – P. Magnien / 20 Minutes

power CONSUMPTION new contactless payment cards will be issued from October…

The amounts of transactions up to 50% higher. Contactless payment, which is currently limited to 20 euros, will pay a card purchase to a maximum amount of 30 euros from the fall, said on Monday the groupement des cartes bancaires CB.

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This enhancement 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 limit.

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.

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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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