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Thread: Limit of transaction amount via contactless methods
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Old Jul 13, 2019 | 9:47 am
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invisible
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Join Date: Dec 2007
Location: Virginia City Highlands
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Limit of transaction amount via contactless methods
If I understand correctly, maximum amount of transaction via contactless mode could depend on one or more (or all) factors below:
  • Issuing bank
  • Mode of transaction - NFC directly via card, NFC via Apple/Samsung/Google pay, MST via Samsung Pay
  • Terminal/merchant
  • Payment Processor
  • Payment Network (VISA, Mastercard, etc)
  • Regulations
As an example, contactless transaction directly with a card can have limitation of one amount but doing the transaction via phone with the same card added to Apple/Samsung Pay has different amount.

Could you provide some examples of limitations for different jurisdictions/payment methods and so on?
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