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Only those transactions of a value up to £30 may be paid for using contactless technology. This takes away the threat of large fraudulent transactions being made. Contactless cards also allow the capability to pay for goods or services using a PIN should the value of a transaction exceed this £30 limit.

In addition, to approve some transactions below the limit the cardholder will still occasionally be asked by the terminal to enter his or her PIN. These requests are made at random and ensure that a card has not fallen into the wrong hands, thus maintaining the highest level of card security.

How can contactless solutions benefit your business?

The list of advantages afforded by this new technology is extensive, although it is important to note that inevitably it will vary between different types of business:

Call 0800 980 4007 to explore all your options with one of our payment specialists.

By Martin Roberts(Google+Martin Roberts

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