The limit for contactless payment will drop from 30 to 50 euros on May 11, the French Banking Federation (FBF) said on Thursday. This increase in the ceiling "is now possible", said the president of the FBF Frédéric Oudéa, confirming information from Europe 1.
The raising of this ceiling was already under study, but the Covid-19 epidemic has accelerated discussions between French banks, decision makers in the matter.
Limits the possibility of contamination
Some have argued that this method of payment reduces the possibility of contamination compared to a payment by bank card via a code to type on a keyboard or handling cash.
In this logic, about twenty European countries had announced at the end of March the raising of their contactless payment ceilings, most often to 50 euros.
Delicate IT operation
If the change will not be effective until May 11, it is because such an operation requires a “heavy and delicate IT industrialization” that cannot “be done overnight, in haste, without risking destabilizing a system that works well, especially in the delicate context of this coronavirus ”, had explained to AFP last week the grouping of bank cards.
"The implementation proves that the banks are continuously mobilized in this crisis to meet the needs of their customers," said Frédéric Oudéa.
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