Apple Pay Launching in UK with £20 Contactless Transaction Limit

Apple announced that, with the support of 250,000 merchants, Apple Pay service will be available from July 2015 in the UK. To support the launch of this service, Apple has set up a website with pages of questions and answers (FAQ).

Purchases of Apple Pay will be limited for some retailers to € 20 for contactless transactions (limit to be increased to € 30 in September). But for the properly configured terminals and suppliers observing the latest contactless payment specifications will be able to sustain larger operations. In case of difficulties, simply insert the card into the reader.

Apple Pay’s purchases will be restricted for some retailers and out-of-date terminals to a £20 limit on contactless transactions (which will increase to £30 in September). Apart from them, merchants with capable terminals that are properly configured and payment providers supporting the most up-to-date specifications on contactless payments will be able to support transactions in large amounts.

According to Apple’s website, Apple Pay allows your customers to make easy and secure contactless payments at any amount. If your payment terminal or payment provider doesn’t support the latest network specifications, as with contactless debit and credit cards today, your customers might need to insert their card if the transaction amount is over £20. To accept Apple Pay for transactions over £20, your payment terminal must be capable and configured properly, and your payment provider needs to support the latest network contactless specifications.

UK users will be able to pay with Apple Pay at the London Underground for commuting and paying for fares. Apple Pay will support UK credit and debit cards from American Express, MasterCard and Visa Europe which are issued by many of the UK’s most popular banks, including first direct, HSBC, NatWest, Nationwide Building Society, Royal Bank of Scotland, Santander and Ulster Bank. Other major issuing banks will follow by this fall, including Bank of Scotland, Coutts, Halifax, Lloyds Bank, MBNA, M&S Bank and TSB Bank.

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