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certifiedintelligent t1_j6ga9xu wrote

Reply to comment by saywherefore in ELI5: Why are contactless payment methods faster than inserting the chip? by jimmysofat6864

While many other countries typically have limits on tap to pay, the US has no such limit.

I've tapped for thousands of dollars before, with no fuss.

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scorch07 t1_j6gvy2a wrote

I suspect this is because the US adopted it later when doing live authorizations was more feasible/the norm. I believe NFC was adopted much earlier in Europe and other areas when live authorization was less common, so the limits were implemented. This is just a guess, though.

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confused-duck t1_j6h787e wrote

yeah I think about a decade ago there was like $10-$20 limit in poland per transaction and visa contacted bank during payment every 4-5 taps
not sure how mastercard worked

today I'm not certain about the limits - for sure more than $100 - but is it a hard limit or default to be changed in bank app, I have no idea
don't usually spend more in physical stores

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stevehockey1 t1_j6ha4ti wrote

In Canada, it's $250. But it is usually set by banks and credit unions so it can vary from country to country. It's a hard-limit.

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augustuen t1_j6hjkdn wrote

I'm in Norway and there doesn't seem to be a limit on how much you can pay with contactless. But above $50 it requires your pin. No such requirement when using your phone.

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