elimmel
Arch-Supremacy Member
- Joined
- May 25, 2006
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- 14,586
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I believe limit is due to pay pass/pay wave limitations. After all, Apple Pay is just to replace your card. But the payment mode is still thru pay wave/pay pass.
Maybe I should have been clearer. The banks should allow users to adjust their limits subject to a higher cap. Knowing how there will be loads of T&C attached, I'm sure the banks can cover themselves against chance of default or fraud. Users being the initiator to up their own limits will have no grounds to complain.