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iTnews

NEWSFLASH

Thursday April 2, 2020

 

Woolworths, Coles to raise contactless PIN-free limit to $200

By Julian Bajkowski

In bid to halt COVID-19 spread from payment terminals.

Australia’s two biggest supermarkets Woolworths and Coles will raise their dollar limits for contactless transactions without PIN numbers from $100 to $200 in a bid to stop further COVID-19 infections by lessening the use of payment terminal keypads.

The move comes, iTnews has confirmed, after the two grocery giants agitated strongly for the lift to the government, prevailing on global credit card schemes Mastercard and Visa as well as regulators and National Cabinet to raise the current $100 limit until the spread of the virus subsides.

The official...

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