By bizn_fun 
The FCA’s own survey on changing the rules, released during consultation, showed that 78% of consumers who responded said they did not want any change to the current limits.
Consumers and academics have suggested that the extra convenience of unlimited contactless payment limits could also lead to shoppers spending without thinking.
This is said to be a particular issue with credit cards, when people are spending borrowed money and accumulating debt.
Financial abuse charities have also warned that unlimited contactless spending could give abusers free access to drain a survivor’s bank account with no checks or alerts.
They also worry it could also hasten the shift towards a cashless society, despite notes and coins being a lifeline to many financial abuse survivors whose card transactions are monitored online by their abusers.
One policy to help vulnerable customers access cash, as bank branches close, is the development of shared banking hubs.
Cash Access UK, the organisation set up to protect access to cash across the UK, announced the official opening of its 200th banking hub in Billericay, Essex, on Friday.