News

Increasing contactless card transaction limit

Following the recent decision to increase the contactless transaction limit to €50, ELITT and FrenchSys played a leading role in defining and implementing this major technical change. Based on their acquired expertise, ELITT and FrenchSys are pleased to announce the creation of a new service for acquirers and merchants. This service assesses the existing acceptance systems and determines their technical capability to migrate to the new €50 contactless payment limit.

3 European leaders in Card & Digital Payments, launch the EPayStandards Consortium and propose a new joint consulting service offer composed of multi-scheme integration & implementation support services targeted to multi-country card acceptors, merchants or acquirers willing to expand efficiently at pan-European level.