When you have a third of the world's only home population it is not uncommon for certain patterns of consumption to begin to change. An example is evident in online shopping, which is so prevalent that giants like Amazon are beginning to give more importance to the important things than to the less expensive ones.
Another change I've experienced in person these days. The few times I've been out for the last few weeks has been to the grocery store. Today I found a sign at the door thanking customers for paying by card or cellphone, instead of cash.
This is not uncommon as this reduces the likelihood of transmission between customers and your dependents. And on this line is the standard adopted today by Spanish financial institutions that are members of the Spanish card payment system.
Payment limit for your cellphone without a PIN goes up to 50 euros
The agency revealed (PDF) that the current limit for mobile payment without a PIN, which was in Spain at 20 euros, will temporarily increase to 50 euros, reducing the number of times we have to touch the end of the POS to enter our numeric password. .
This change is not permanent, and will work only as long as special alarm condition measures are active. It begins March 30 This change will be applied gradually to all types of stores.
Apart from this, other security measures included in the European PSD2 guide will continue to be implemented, such as those requiring PIN entry when collecting 150 euros or 5 jobs in a row without a PIN.
MasterCard increases the payment limit without asking for a PIN so you don't get coronavirus
Mastercard has announced that they will increase the payment limit without asking for a PIN at 50 euros in Spain to avoid coronavirus infection when it affects POS.
I hope once this situation has passed, at least users will be allowed to set a mobile payment limit without using a PIN, even if we have 50 euros.
