Re:Can the Visa-Mastercard duopoly be broken?
by GekkePrutser on Thursday August 18, 2022 @12:27PM
(#32511743)
Even when paying with a phone though? Here there is a similar limit with cards but with my phone it works (Samsung Pay). And I never have to enter a PIN either, I assume this is because I have to authenticate on the phone for every payment (biometric or separate PIN).
But I haven't been to France since I got Samsung Pay so I haven't had the chance to try it out. Here in Spain it works with any amount. Well, up to a few hundred anyway, I haven't bought anything over 1000 in ages :)
There's also generally a limit over the volume and the amount of consecutive payments, so that if someone steals your card, they won't be able to spend huge sums with contactless. It is set by your bank though