Coronavirus | Finance & Taxation | Store Operations

Use of contactless payment systems increase amid COVID-19 pandemic

June 17, 2020

CTV News: Even though credit cards have a higher tap limit, debit cards remain at the $100. The Retail Council of Canada would like to see the tap limit of debit cards raised to $250 as well.

“Contactless payments will be used more frequently and obviously for that reason we would like to see Interac get its level up to the same as the credit cards,” said Karl Littler with The Retail Council of Canada.

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