This temporary measure helps prevent contagion by reducing contact with the point-of-sale terminals.
Within the context of the exceptional measures taken to fight COVID-19, the banking entities have agreed to temporary increase the limit from 20 to 50 euros for contactless payments with cards, with the aim of reducing contact with the point-of-sale terminals when introducing the PIN number.
This measure has gradually been implemented by the banks in small and large businesses, and will be in place as long as the Government’s COVID-19 exceptional measures continue.
This measure has been taken in line with what financial institutions of neighbouring countries have done and also following the recommendations published by the European Banking Authority on consumer protection and payment services.