Also, the payment tag can be blocked in the bank’s mobile app or the bank can be contacted directly with this question. However, the limit is not a lower limit for banks. Publication reports, purchasing banks themselves are free to set this limit, the main thing is that it does not exceed the above amount.

Tinkoff was the first to introduce payment stickers in December last year. Soon other companies took the initiative. The sticker is attached to a smartphone or case and has full contactless payment functionality. In early March this year, NSPK reported that 16 Russian banks have already issued or tested payment labels.

Source: Ferra

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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