18 March 2020 – Increased the limit for contactless card transactions

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved: Physical distancing
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Saudi Arabia Monetary Authority increased the PIN-less card (supporting NFC technology) transaction limit from SAR 100 to SAR 300 for a single transaction.
Full details here: sama.gov.sa/en-US/News/Pages/news-521.aspx