I'm very much in favour of the move from cash and COVID definitely is another case to do so, however, £100 would represent a massive increase to the limit for a non-authenticated payment. I fear it would also provide munition for conspiracy theorists who see the whole pandemic as being a tool to satisfy the desires of the finance industry. I wonder what percentage of contactless transactions are using cards vs mobile phones, which of course do include authentication and don't have a limit.
05 Jan 2021 12:13 Read comment
Exactly the type of competition that Transferwise was intended to create.
06 Nov 2020 09:33 Read comment
Speaking as someone who prefers working from home: We shouldn't lose sight of the fact that for those who want to go back to the office, a factor in their thinking is because they want to interract with colleagues. So it's not just a case of 'each to his/her own'. Those choosing never to go back to the office are degrading the experience of those who want to. Compromise is needed.
20 Oct 2020 11:36 Read comment
I'm sorry but I really don't get this! Using the terms "Master" and "Slave" to depict which process is in control in no way is condoning human slavery. This is just political correctness for PR purposes. It's counterproductive in terms of the real issue at stake.
06 Jul 2020 16:20 Read comment
But there's a huge cost of cash as well.
27 May 2020 11:22 Read comment
Account opening great.....and then what?
26 May 2020 12:27 Read comment
Great move. Rather than lazily assuming that the elderly just can't handle tech (as so often happens) let's train them. They're not stupid. They just need the opportunity.
16 Apr 2020 10:35 Read comment
Never let it be said that the card schemes don't embrace technology....this time in the shape of copious amounts of 'auto-tune'. ;-)
09 Jan 2020 11:30 Read comment
And how exactly would a Labour government plan to stop Banks closign their own branches? Chain themselves to the ATMs?
22 Nov 2019 09:49 Read comment
I wonder how much these will cost to make....
22 Nov 2019 09:46 Read comment
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