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Tesco Unable To Increase Contactless Payments Limits

Published on Apr 1 2020 10:56 AM in Technology tagged: Featured Post / Tesco / BPFI

Tesco Unable To Increase Contactless Payments Limits

Tesco Ireland has notified the Banking & Payments Federation Ireland (BPFI) that regretfully, it will not be increasing contactless limits from €30 to €50 from today (1 April), for card or phone payments.

Tesco Ireland said it had scoped the project thoroughly and looked at every possible way to implement the change seamlessly.

However, it said that it would require new software to be manually updated on over 4,600 individual pay points in Tesco’s 151 stores nationwide.

"The risk associated with making such a large volume of software updates is very significant, including the potential for disruption to tills, pin pads and self-scan checkouts," it said.

The supermarket chain said it had scoped the project thoroughly and looked at every possible way to implement the change seamlessly.  However, it would require new software to be manually updated on over 4,600 individual pay points in Tesco’s 151 stores nationwide.

The company said antibacterial wipes are available at pin terminals for customers who wish to use card payments for amounts over €30.

No Central Method

The BPFI said that several parties including banks, retailers and technology companies are working closely together on the rollout of the increased contactless payment limit from €30 to €50 with the aim of delivering the new increased limit across all retail outlets nationally by today 1 April.

“The roll out is well underway and BPFI is working in collaboration with all the various parties involved, to make sure the new limit is available across all retail outlets by 1 April." Gill Murphy, Head of Payment Schemes, BPFI said.

"Due to the many technicalities involved there is no central method by which this can be delivered," she explained.

© 2020 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.

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