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Here's how much you can now spend with Apple Pay in the UK

Sep 1, 2015, 14:12 IST

Apple

Apple Pay, the contactless payment service that launched alongside the iPhone 6, was previously constrained to payments of just £20 ($30) but the UK Cards Association, an industrial card payment group, has raised the limit of contactless card payments to £30 ($46).

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The UK Cards Association has acknowledged that contactless cards have been widely adopted and see a very low rate of fraudulent activity. According to the group, customers with a contactless card spent more in the first six months of 2015 than in the whole of 2014 showing a huge amount of growth.

Transaction volume from contactless cards, according to the association, jumped from £287 million ($441 million) in January to £567 million ($872 million) in June, giving a six-month total of £2.5 billion ($3.8 billion).

Apple Pay was introduced to the UK in July and is available in 250,000 stores with the backing of eight regional banks with more, such as Lloyds, coming soon.

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