The Hellenic Bank Association informs card holders on the increase of limit for contactless card payments without the use of PIN
HBA member-banks, consistent to their commitment for continuous assistance in limiting the impact of Covid-19 on public health and trading practice, will increase, as of Monday 30th March and up until Sunday 31st May 2020 the limit of contactless card transactions without the use of PIN at the level of €50, instead of €25 valid until today.
This is a temporary measure, valid for the following two months, and it is estimated that over 80% of transactions in food stores, gas stations and pharmacies will be effected without typing the PIN by the card holder (debit, credit, prepaid), thus minimizing significantly physical contact of cardholders with the POS keyboard.
It is reminded that all transactions, regardless of the amount, are made contactless, without handing over the card to the merchant employee who performs said transaction. For transactions beyond the amount of 50 euros, the use of PIN at the POS is still requested from the card holder.
In any case, it is kindly reminded to all clients to give the required attention in order to safely store their payment cards and the PIN.
HBA member-banks, consistent to their commitment, follow closely current developments and continuously update protection measures in order to ensure safety of customers and employees.
