Back to today’s briefing

Story perspectives

FCA Set to Raise Contactless Limit in 2025

12/19/2025

32 6

Summary

Story summary

The Financial Conduct Authority (FCA) will allow banks to lift the £100 limit on contactless card payments starting in March 2025.
Consumers can set their own limits or disable contactless payments entirely.
Seventy-eight percent of respondents in an FCA survey prefer to maintain the current limit.
The United Kingdom has opened its 200th banking hub to support vulnerable customers amid cash access issues.

1 of 1

Story summary

The Financial Conduct Authority (FCA) will allow banks to lift the £100 limit on contactless card payments starting in March 2025.
Consumers can set their own limits or disable contactless payments entirely.
Seventy-eight percent of respondents in an FCA survey prefer to maintain the current limit.
The United Kingdom has opened its 200th banking hub to support vulnerable customers amid cash access issues.