Contactless Transaction Limit Increased for Card Payments

Although it has been reported that the lethal power is not very high, the number of cases in Turkey has increased recently, with the effect of the Omicron mutation, which has a higher infectious power than other COVID-19 variants. Two weeks ago, a record was broken in the number of daily cases in Turkey; since the beginning of the pandemic highest daily case number was reached.

Following this increase in the number of cases, a new one has been added to the measures taken in our country within the scope of the COVID-19 pandemic. With the new decision, card payments in contactless transactions the current limit has been increased.

Contactless transaction limit is 500 TL

Banking Regulation and Supervision Agency’s (BDDK) Turkish Banks League (TBB); Participation Banks Association of Turkey (TKBB) and Interbank Card Center, in order to prevent the further spread of the new type of COVID-19 epidemic in Turkey, some in the banking sector of new measures sent a new letter stating that it was received.

In the article sent by the BRSA reminding that the contactless card payment transaction limit, which was previously 250 Turkish lira, was updated to 350 Turkish lira in May 2021; It has been reported that it has been updated once again due to the increasing number of cases. According to the new decision taken, the limit of contactless transactions in card payments 500 Turkish lira It was stated that it was updated to be

In addition, this new update decision regarding contactless transactions in card payments From 1 February was recorded to come into effect.