When Apple introduced its mobile payment system to the UK it only had a transaction spend limit of £20. However, as promised that limit has now been increased to £30 – but is this still enough? We know that for many of you £30 is a decent limit to have when purchasing items from stores, but this can often become far too low when you go out for dinner, or going to a cinema and purchasing a few tickets, drinks and food.
It’s for this very reason why some of our readers, including ourselves would like to see an Apple Pay UK limit of £50 in time – such a transaction limit would be ideal for Christmas, although uncertain if Apple would entertain such a limit any time soon.
Some of you may feel that such a limit increase would be silly for security reasons, but if the system is as secure as Apple says it is, then surely there is no reason to be concerned? Apple Pay is far more secure than many other payments system because it requires your fingerprint in order to complete the transaction.
There has been a huge growth in contactless payment in recent months, and this is set to grow as more UK banks offer Apple Pay support, but that growth could soon stagnate unless the spend limit is increased, and by doing so will help to increase your buying options when using mobile payment such as Apple Pay.