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  5. Apple Pay: New contactless limit means you can now spend £30

Apple Pay: New contactless limit means you can now spend £30

Apple Pay: New contactless limit means you can now spend £30

New rules governing the amount you can spend on contactless cards have come into force across the UK, meaning Apple Pay users can now pay for items worth up to £30 using their phones.

The raising of the limit from £20 to £30 should mean more iPhone-owners using their device to make secure contactless payments. Those using cards do not get the added benefit of fingerprint security that recent-gen versions of iPhone offer.

The move comes as customers of Lloyds and Halifax are being told by their banks that they will soon be able to use Apple Pay. Barclays is set to offer the service before the end of 2015, alongside its own bPay platform.

At the moment, customers of NatWest, Ulster Bank, MBNA, Santander, RBS, HSBC and Nationwide are able to use Apple’s service.

Apple Pay is likely to remain subject to contactless pay limits for some time. New payment terminals will begin rolling out soon to allow retailers to offer separate support for fingerprint scanner based solutions.

At the moment, only Pret and Apple’s own stores will let you buy goods for more than £30.

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