Monzo Introduces Customizable Contactless Limits
Dec 16th, 2021Product
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Monzo has updated its app to allow customers to set their own contactless spending limits.
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Customers can now choose any limit up to £100 for a single tap, and up to £200 for cumulative contactless payments before PIN is required.
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This new feature includes the option to entirely disable contactless payments by setting the limit to £0.
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The limits set by a user apply to all Monzo cards in their name, but will not affect Apple Pay or Google Pay.
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Monzo reinforces their commitment to customer security with instant notifications, in-app card freezing, and support for victims of fraud.