Barry_Cooper published Contactless payment allowance rises to £30 from today

The amount consumers can spend using the contactless method of payment has increased to £30 from today.Originally, the service that allows customers to pay for goods and services by hovering their card over a pin machine was limited to £10 when it launched in 2007.But that rose to £20 in 2012, and now the limit has risen again allowing greater flexibility for customers to make purchases without having to enter their PIN or sign receipts. In the whole of 2014, £2.3 billion