Contactless card payment limit ‘should increase’ from £100 despite dangers | Personal Finance | Finance

Ms Genovese said: “With contactless payments so easy, and the limit ever-increasing, we all risk becoming slapdash and overly casual in our spending.

“At the till, it can be easy to forget that a contactless tap is still the same as paying in cash: either way you are spending your own money.

“The biggest danger lies in losing track of how many times you tap and the amount you have been spending.”

On what people can do to avoid the dangers of contactless payments, she added: “Creating a budget is a great starting point for most money matters, especially when it comes to staying on track of your finances.