News

RCB Bank changes the POS Contactless PIN limit during COVID-19

27.03.2020

RCB Bank announces the change of the POS Contactless PIN (Card Verification Method) limit fr om 20EUR to now 50EUR within RCB Bank POS terminals network as a next immediate measure due to the COVID-19 outbreak in order to support health and safety, both for those who are at the frontline servicing customers as well as for the consumers.

This action aims to provide further convenience for faster payment checkouts without the need for PIN to be inserted in the machines. The Card holders will be able to use contactless payments to a larger extent as the pin code will not be required on any transaction less than the new specified amount of 50EUR.

The change of the new specified lim it is effective immediately supported for all VISA, American Express and MasterCard.