You may have noticed recently that you’re having to tap in your pin more often when using your contactless bank card.
That's because of new fraud prevention rules which came into play this month (14 September 2019), which require you to enter your pin for one in every five contactless payments.
We make around 700 million contactless card transactions in the UK, but around £108 million is said to be lost to fraud. And according to TotallyMoney, 1 in 12 people admit they wouldn’t spot a rogue £20 entry on their statement!