Contactless payment limits are increasing due to coronovirus: Amount named by country

[ad_1]

Countries massively increase contactless payment limits: announce new amounts

Photo: www.hdblog.it

Countries are taking many actions to counter COVID-19. To encourage citizens to pay in a safe manner, many countries have raised the limit for contactless payments.

In particular, the contactless payment limit was increased: Albania, Armenia, Australia, Belarus, Belgium, Bulgaria, Canada, Croatia, Cyprus, Egypt, Estonia, Georgia, Germany, Greece, Hungary, Ireland, Kazakhstan, Kenya, Kosovo , Kyrgyzstan, Latvia, Lithuania, Luxembourg, Malta, Mauritius, Netherlands, North Macedonia, Norway, Poland, Portugal, Qatar, Saudi Arabia, Spain, Sweden, Tajikis Pakistan, Tanzania, Turkey, Uganda, United Kingdom and Uzbekistan.

We have collected new data on the boundary in a table and we will update it when new information comes.

Country

Currency

current limit

New range

development

Albania

Albanian Lake

2000

4500

125%

Armenia

Armenian drama

12100

20000

65%

Australia

Australian dollar

100

200

100%

Belarus

Belarusian Ruble

20

100

400%

Belgium

The euro

25

50

100%

Bulgaria

Bulgarian Lion

50

100

100%

Canada

Canadian dollar

100

250

150%

Croatia

Croatian Kuna

100

350

250%

Cyprus

The euro

20

50

150%

Egypt

Egyptian Pound

300

600

100%

Estonia

The euro

25

50

100%

Georgia

Georgian Lari

45

100

122%

Germany

The euro

25

50

100%

Greece

The euro

25

50

100%

Hungary

Hungarian Forint

5000

15000

200%

Ireland

The euro

30

50

67%

Kazakhstan

Kazakhstan’s term

5000

20000

300%

Kenya

Kenyan Shilling

2500

3500

40%

Kosovo

The euro

15

40

167%

Kyrgyzstan

Kyrgyz Mon

1525

2500

64%

Latvia

The euro

25

50

100%

Lithuania

The euro

25

50

100%

Luxembourg

The euro

25

50

100%

Malta

The euro

25

50

100%

Mauritius

Mauritius Rupee

500

2500

400%

Jalandhar

The euro

25

50

100%

North macedonia

Macedonian denar

750

2000

167%

Norway

Norwegian Krone

400

500

25%

Poland

Polish zloty

50

100

100%

Portugal

The euro

20

50

150%

Queue

Qatar riyal

100

300

200%

Saudi arabia

Saudi Riyal

100

300

200%

Spain

The euro

20

50

150%

Sweden

Swedish Krona

200

400

100%

Tajikistan

Tajik Somoni

140

200

43%

Tanzania

Tanzania Shilling

55000

80000

45%

Turkey

Turkish Lira

120

250

108%

Uganda

Uganda Shilling

90000

135000

50%

United Kingdom

pounds sterling

30

45

50%

Uzbekistan

Uzbek Zodiac

52500

250000

376%

Paypal magazine help

This week, Visa announced an increase in the limit for contactless transactions that do not require cardholder authentication. For Ukraine, this limit is now 1,500 hryvnia. This step will allow customers to pay for large purchases using a contactless payment card. The new payment limit without entering a PIN code is 50% higher than the previous one, amounting to 1000 hryvnias.

Further investigation: Pay without PIN: a review of contactless payment limits in the world

According to the material NFCW


[ad_2]
Source link

Leave a Reply