Coles and Woolworths to raise contactless payment to 200 AUD amidst corona pandemic
From next week, supermarket giants Coles and Woolworths is going to increase contactless payment limit to $ 200. Currently, the contactless payment limit is $ 100. For payments above 100 AUD, you need to enter a PIN as a further safety measure.
There are number of retailers and cards provider. So it will take some time to update system across all said The self-regulatory body for the payments industry, AusPayNet.
However , shopper is likely to see this change in Coles and Woolworth from next week. This will operate for 3 months initially and likely to continue based on conditions amidst virus panademic.
“The new $200 contactless limit will mean fewer consumers need to touch the payment terminal.”