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Mastercard has increased the limit on contactless operations

Mastercard has increased the limit on contactless operations
Photo: pixabay.com

Mastercard increased the limit on transactions on the card without entering a PIN code from one thousand to five thousand rubles. The international payment system sent a corresponding letter to the Russian partner banks.

The international payment system Visa raised the limit for contactless payments without a pin code to three thousand rubles last year. Previously, it was also one thousand rubles. As reported RBC, Russian credit organizations have the right to set the date on which the new rules begin.

According to the FAS, the share of active Mastercard system cards among Russians a year ago was 36%. In a pandemic, Rospotrebnadzor called for cash to be abandoned. Bankers quickly supported this recommendation.

According to Kaspersky Lab specialists, when using contactless cards, fraudsters have the opportunity to contactlessly withdraw money from someone else's card by holding a POS terminal to their bag or pocket. Taking into account the increased limit, now an attacker can get five thousand rubles instead of a thousand.
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