A sophisticated malware known as Ghost Tap is now said to be behind a notable increase in fraudulent contactless payments.
The Financial Conduct Authority announced that it will be lifting the £100 contactless limit in March 2026. The news follows Barclays' research that found that almost 95 per cent of in-store card ...
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Contactless card limits could soon be more than £100
You could soon be tapping to pay for things even more than £100, under proposals set out by the Financial Conduct Authority. We can’t promise you’ll have that much in your bank account if you do so, ...
A new digital payment scam called ‘ghost tapping' is emerging as a concern for travellers across popular tourist destinations ...
Consumers will be able to make contactless card payments over the current £100 limit, the regulator has confirmed. Banks and card providers will be allowed to offer customers the chance to set their ...
Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA. The FCA wants to give card providers the flexibility to ...
Losses Surge to €4.2 Billion. Europe’s latest payment fraud figures are stark. According to the joint 2025 EBA-ECB report, ...
Shoppers could find it easier to pay bigger amounts using contactless, under the City regulator’s plans. The current rules mean people can make payments of up to £100 per transaction when using ...
So, contactless card fraud hit £7m in the UK in 2016, up from £153k in 2014. Cue click-bait headlines about fraud soaring by almost 4,500%. When you dig a bit deeper, this is both mischievous ...
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