As your payments partner, we are committed to keeping you up-to-date with industry changes and card brand developments.
The CVM Limit is the point at which a contactless transaction is expected to be verified, usually by capturing the PIN. Failure to verify the transaction will result in a decline.
- From 17 July 2020, Visa is increasing the CVM Limit in Poland to PLN 100. It’s currently PLN 50.
- From October 2020, Visa will increase the CVM Limit in Belgium to EUR 25. It’s currently EUR 20.
Elavon terminals will be updated automatically. Customers using 3rd Party solutions should consult with their terminal vendors to ensure updates are applied.