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
Paymaster General and Minister for the Cabinet Office
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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