Shoppers across the UK will now be able to pay up to £100 using contactless card payment services from today.
At the start of the COVID-19 pandemic, the payment cap was increased to £45 to help reduce the need for customers to handle cards and cash due to concerns about the virus being transmitted via surfaces.
But today’s payment limit increase to £100, announced last week, is the most significant yet.
The latest increase, which was initially announced in March’s budget, will not be available everywhere straight away however, as some businesses and retailers still need to roll out changes to their technology, while others may choose not to adopt the new limit at all.
The British Retail Consortium said consumers should check with individual stores, as it could take “days, weeks or even months” for the change to be put in place.
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Here’s everything we know so far.
Why is the limit increasing?
As mentioned, the decision to increase the limit was taken by the Treasury and the City regulator, the Financial Conduct Authority (FCA), and was announced last week, but Chancellor Rishi Sunak first teased it during his 2021 Budget back in March.
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Mr Sunak said the decision to increase the limit to £100 would not only be more convenient for shoppers, but it would also be a boost to the High Street following several lockdowns.
When contactless card payments were introduced in 2007, the transaction limit was set at £10 and designed as an alternative to small change – but the limit has been gradually raised five times over a number of years since then.
It increased to £45 last year, as the pandemic accelerated a move away from cash.
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The increase also comes after it was found that more than a quarter of all payments in the UK were contactless in 2020, according to figures from the banking trade body UK Finance, with 83% of people using the technology.
A Financial Conduct Authority spokesperson said the rules have been changed to help the industry continue “to respond to the changing ways in which people prefer to pay”.
Shoppers across the UK will now be able to pay up to £100 using contactless card payment services from today / Credit: Flickr
Why can’t it be used in all retailers just yet?
The short answer is that not every shop is ready to facilitate the new limit from today,
Due to the huge number of terminals which need to be updated, this means that Friday marks the first day of a gradual introduction of the new limit, with the Andrew Cregan – Payments Policy Adviser at the British Retail Consortium – admitting: “It may take days, weeks, or even months for some retailers to make the necessary changes in their systems so that the new limit can take effect.”
“Some retailers may [also] choose not to adopt the new contactless limit,” he added.
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“As a result, customers will need to take care when making payments to check what the maximum contactless limit is for individual stores.”
The increase also comes after it was found that more than a quarter of all payments in the UK were contactless in 2020 / Credit: Wikimedia Commons
What are the risks?
A number of experts and organisations have spoken out to make shoppers aware of the risks as the limit increases to £100, warning that the change will make contactless cards more of a target for fraudsters, or cause problems for people who are struggling to stay in control of their spending.
Age UK has also warned that because the raising of the limit could increase the potential for fraud, it may therefore put some older people off using bank cards to pay for goods and services when they’re out and about.
Because of this, several banks across the UK have said they will also allow account holders to set a contactless limit of less than £100, or even turn it off altogether.
Gareth Shaw – Head of Which? Money – added: “While paying with contactless offers great flexibility and convenience for many people, some may be wary about the significant increase – so it is encouraging to see some banks allowing customers to set their own contactless limits from as low as £30.
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“These changes may make contactless cards slightly more attractive for fraudsters, but encouragingly the risk of being defrauded via a contactless card remains low and if a fraudster does use your card details then your card provider should reimburse you.
“Consumers should be able to feel confident using them.”
Featured Image – Flickr
News
30 years ago, the IRA detonated a 1,500kg lorry bomb on Corporation Street in the heart of Manchester – here’s the story
Georgina Pellant
Today marks three whole decades since an explosion from the inside of a lorry parked on Corporation Street shattered windows and destroyed buildings across the city centre.
Causing an evisceration that stretched for miles, when the 1,500 kilogram IRA bomb went off in 1996, it was the biggest detonation in Great Britain since the Second World War.
Following the explosion, the city fell silent – leaving rack, rubble and ruin in its wake. Famously, one red post box was left standing – today fitted with a memorial plaque in remembrance of the tragedy.
It seems scary to think that back then, most people could only stand there, watch on and worry.
The bomb caused an estimated £700 million worth of damage to Manchester’s infrastructure and economy, and over a quarter of a century later, locals still tell the stories of where they were when it went off – and of the devastation it left behind.
Notably, one resident of the Cromford Court maisonettes on top of the Arndale – a 77-year-old RAF veteran suffering from the flu – didn’t even bother to get up when the telephone warning to evacuate hit, considering himself to have survived much worse feats during his time in military service.
Having been a rear gunner in a Lancaster in the war, he reportedly told police and authorities “he was buggered if he was going to let a small bomb affect him.”
In subsequent years, Danny O’Neill has become a part of an urban legend surrounding the bomb as his staggering story has been told time and time again.
Around 90 minutes prior to the detonation, the Provisional Irish Republican Army had telephoned in warnings – meaning that around 75,000 people were able to be evacuated from the area before the bomb went off from the back of a van.
However, the bomb squad were unable to defuse it in time, leading to over 200 injuries from people still left in the area.
Thankfully, despite those injuries, there were no fatalities, and many of those reported traumas came from the shattering of thousands of windows and other damage to buildings in which unsuspecting people were getting on with their days.
Several buildings near the explosion were damaged beyond repair and had to be demolished, while many more were closed for months for structural repairs, and this prompted the biggest regeneration of Manchester city centre ever – something that is still continuing to this day, arguably at a more rapid rate than ever.
The city lay dormant for days after the explosion, as people came to terms with what had happened and kept their distance. Many moved out of the centre for a period of time, while many more simply decided not to visit for fear of another incident.
It was a desolate place, eerily quiet, and in need of some serious TLC.
According to Home Office statistics, an estimated 400 businesses within half a mile (0.8 km) of the 1996 blast were affected, 40% of which did not recover.
Credit: Manchester Libraries
Market Street – near the explosion and at that time the second-busiest shopping street in the UK – was considered by some a “fearful” place, and one that was to be “avoided like the plague”.
The prospect of pulling Manchester’s bustling city centre out of its darkest depression was not casually approached by those in charge.
It was acknowledged as a mammoth task from the get-go, but Greater Manchester has never let anything get in its way. Despite how steep the hill is that we’re standing at the base of, we always manage to reach the peak, ready to go again.
Manchester City Council green-light new venue at Medlock Square, with Mamma Mia! The Party to open the immersive space
Danny Jones
The smash-hit ‘Mamma Mia: The Party’ is set to land in Manchester next year as the maiden event of another brand-new space set to open as part of the upcoming Medlock Square development.
Etihad Campus has seen a lot of moving pieces over the past few years, be it the building of Co-op Live, the ongoing expansion of Man City’s home ground, the soon-to-launch hotel attached to the stadium and now Medlock.
But those in control of the land are content with stopping there; this looks to be just the start of a whole new evolution for the East Manchester area, with an as yet untitled new immersive arts, experience and events venue also set to join the new slate of projects.
You see another glimpse of the purpose-built mini arena, of sorts, down below.
With plans having now been approved by the City Council, the ‘immersive’ space will be situated between the Etihad, Co-op Live and Medlock Square itself, holding up to 600 guests per performance.
Currently set to open in late 2027, following the rest of the square’s launch window being fully rolled out, we still don’t know the name of this next addition, but the structure itself will dovetail with the surrounding buildings and areas as part of seasonal activations, live shows and sports screenings, as well as pop-ups, brand collaborations and more.
Looping back, the interactive, multimedia extravaganza that is ‘Mamma Mia! The Party’ will finally be making its Manc debut as part of the 10th anniversary of the all-singing, all-dancing and even all-dining in-demand production.
As per an official press release from the Medlock Square media team, the show will combine “live music, theatre, food and storytelling” and “offer visitors an unforgettable night out.”
The original UK production at The O2 in London has now surpassed more than 1,500 performances, with a total of 700k guests attending these shows in 110 countries across the globe. Safe to say it’s rather popular.
As for Medlock Square and the surrounding Etihad Campus, Manchester City supporters have also been given another look at the soon-to-open, immersive hotel tie-in experience.
With a skywalk, rooftop bar, a new MCFC shop and various other bits set to spill out onto Medlock Square, it all feels like a period of wholesale changes over in the blue half of the city – especially with the football club bidding farewell to their manager Pep Guardiola after more than a decade.
Following the new and improved North Stand being named after him in the first of many tributes, the City Football Group (CFG) are also set to commission a statue in his honour over the coming months.
Meanwhile, Medlock Square is also due to open later this year, although an official completion date has not been confirmed.
You can stay up to date with all the latest on Mamma Mia! The Part’s Manchester shows right HERE.
Not forgetting a brand-new women’s football facility, too, there is so much stuff going on over at the Etihad that it can be hard to keep track, but here’s the latest look at some of the rooms set to feature in the hotel of the same name.
The Manc -
15th October 2021 
