Bank of Valletta increases limits of its Contactless CardsWith immediate effect, Bank of Valletta is increasing the contactless limit on all its EPOS terminals and BOV Cards to €50.Customers will now be able to pay for purchases of up to €50 by simply tapping their card against the electronic point of sale (EPOS) terminal without having to input their PIN, thus eliminating the need to touch the keypad. Purchases over €50 can still be effected contactless but will require cardholder PIN.
This is another measure being implemented to deter the spread of COVID-19. This measure will benefit both customers and store employees. Apart from being a faster form of payment and reduces the time one is in contact with others, it also lessens contagion risk.
More information on contactless cards can be found on https://bov.com/content/contactless-cards
Issued by Bank of Valletta p.l.c., 58, Triq San Zakkarija, Il-Belt Valletta VLT 1130. Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking in terms of the Banking Act (Cap. 371 of the Laws of Malta).