Time for banks to increase contactless limits

Duncan Smith TD
13 March 2020

Labour TD for Dublin Fingal, Duncan Smith, has called for banks to temporarily increase their contactless payments limits.

Deputy Smith said:

“As more businesses are moving away from cash payments during Covid-19, banks should now consider increasing the limit on contactless cards from €30 to €60.

“Government and agencies of the State are all playing their part to make life easier for businesses in this uncertain time, it’s time for banks to step up and do the same.

“We are all trying to limit our person to person contact over the next few weeks, and where we can we should pay with card. For many who are stocking up on essentials, their bill may come to more than €30.

“The technology is there for those who are paying with their phones to spend more than €30 on contactless, so banks should be doing everything they can to transfer this technology over to those who don’t have access to Apple or Google Pay.

“While this might seem trivial, where we can we should do everything we can to limit person-to-person contact with retail workers, so workers are protected and that shops can stay open for longer.”

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