The UK’s Financial Conduct Authority (FCA) is proposing to increase the limit for single contactless payments in the country from £45 (US$62) to £100 (US$137) and the limit for cumulative contactless transactions from £130 (US$179) to £200 (US$274). It is also proposing to exempt consumers from strong customer authentication (SCA) if they access their account […]

Read the rest of FCA proposes increase in UK contactless spending limit at NFCW.