In March 2020, in the context of the COVID-19 pandemic, Banco de Portugal increased the limit for contactless multi-Card payments, without the need to introduce PIN from 20 to 50 euros. This measure aimed to encourage payments without physical contact, minimizing the risk of contagion. Due to the growing consumer adherence to this payment method, the 50 euros limit was made permanent in July 2020. Learn more in this article.
Is it safe to use contactless?
Yes. According to Caixa Geral de Depósitos (CGD), Contactless technology uses advanced encryption to ensure transactions safety. In addition, it eliminates the need for physical contact with payment terminals, providing an additional advantage in terms of hygiene and protection.
How to identify a contactless card?
The cards that support this technology have a specific symbol similar to Wi-Fi, but oriented vertically. If your card has this symbol, it means it allows you to make payments without contact.
Where can you use contactless payments?
This functionality is available to all traders who accept electronic payments and display the contactless symbol. Supermarkets, shops, cafes, restaurants and gas stations are examples of places where this option is common.
Are payments made automatically?
No. According to, for a payment to be made, the merchant must first enter the amount to the terminal. Only after the customer brings the ATM card closer to a distance between 1 and 3 centimeters that the transaction is completed without PIN. This avoids accidental payments.
Is there a risk of duplicate payments?
No. Contactless terminals only allow one transaction at a time. Before a new payment is authorized, the previous transaction must be finalized or annulled, which prevents duplicate charges.
We recommend:
How many payments can you make without inserting PIN?
Although the limit by transaction without PIN is 50 euros, there is a daily cumulative limit of 150 euros. Once this amount is reached, the PIN code will be requested in the next purchase to ensure greater security.
What if the purchase value exceeds 50 euros?
For purchases over 50 euros, the system always requires the introduction of the PIN code, regardless of the number of previous transactions.
What to do in case of loss or theft of the card?
If your card is lost or stolen, it must be canceled immediately with the issuing entity. Since contactless payments up to 50 euros do not require PIN, there is a risk of misuse if the card is not blocked quickly.
How to monitor contactless transactions?
Banks recommend activating transaction notifications and regularly consult bank movements to detect any misuse of the ATM card.
Conclusion
Contactless payments are a practical and safe option for everyday life, providing speed and convenience. However, it is essential to know the limits, follow the safety rules and adopt good practices to ensure quiet and risk -free use.
Also read:
