Business

Password-free transaction limit for contactless cards increases to ₺350

The Interbank Card Center stated that the limit of transactions without a password for contactless payments will be increased from $250 to $350 as of tomorrow.

According to the written statement made by the Interbank Card Center (BKM), the interest and confidence in contactless payments, which allow payments to be made much faster and easier, is gradually increasing. Providing users with a hygienic payment experience as well as being safe, contactless payments become an indispensable part of daily life.

For contactless payments, which allow you to make payments over cards and mobile devices without requiring any contact, the limit of transactions without a password is increased to ₺350 as of tomorrow. Contactless payments will be made without a password up to ₺350, and transactions over this amount will be made contactless and encrypted.

The password-free transaction limit for contactless payments was increased from ₺120 to ₺250 on March 18, 2020.

Source: AA / Translated by Irem Yildiz

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