Contactless card alert as increased £100 limit threatens ‘money memory’ of Britons

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A CONTACTLESS CARD problem has been raised by experts as the limit increases to £100, with some concerned about the implications for Britons' 'money memory', despite the effectiveness of the payment method.

, said: “While rise in fintech has made us more reliant on it than ever – from using contactless payments to auto-password fill – unfortunately, our research has found that this is affecting our ability to remember and recite our own important financial details.

 

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