How long does it take for a contactless payment to come out of my account?

Contactless payment transactions are usually processed within 3-5 business days, but it can take longer. While the transaction is pending, the purchase may be deducted from your available funds.

What's my tap and go payment limit?

This will differ between banks and also between payment machines. It's best to check with your own bank, but the limit is often $100 or $200 per transaction. Above it, you'll usually need to enter your PIN.

What are the risks of tap and pay?

Because you don't need to enter a PIN for small purchases, if you lose your card it means someone can make a series of tap and pay purchases before you're able to block it.

How do I pay with tap and pay?

All you need to do is hover your debit card or credit card over the payment machine until you see a green tick to show the transaction has worked.

Is there a difference between contactless payments on my credit or debit card?

If your contactless card is a debit card, all your payments will be drawn from your transaction or savings account (via the credit card payment processing system). If your contactless card is a credit card, transactions will always be drawn from your credit card account.