As your payments partner, we are committed to keeping you up-to-date with industry changes and card brand developments.
VISA & MASTERCARD: Revised Contactless Limits
Visa and Mastercard are making some changes to the Contactless (CVM) Limit. This is the point at which PIN verification becomes required.
- In Turkey, with immediate effect, this will change to TRY 120 from TRY 90, for both Visa and Mastercard transactions.
- In Belarus, with immediate effect, Mastercard are revising the limit to BYN 20 from BYR 200,000, to reflect a currency redenomination.
- In Sweden, from April 17, 2020, the limit will increase to SEK 400 from SEK 200, for both Visa and Mastercard transactions.
Ensure your terminal provider is aware and updates any terminals you have in these countries with the new limits at the times detailed above.
Elavon terminals will be updated automatically; so please ensure you allow your terminal to receive updates regularly.