Quick meaning
The maximum amount you can pay by tapping a card without entering a PIN, for security reasons.
Think of it like this
Like a shop policy where you can pay with a wave up to a certain amount before needing to sign.
Where you may see this
You may see this in banking apps, checkout screens, delivery updates, and digital payment instructions.
Why it matters
Knowing the term helps you pay safely, understand what a screen is asking for, and avoid costly mistakes.
Say it simply
Contactless Payment Limit means: The maximum amount you can pay by tapping a card without entering a PIN, for security reasons.