Evaluation of the results of raising the limit on contactless transactions without PIN verification to PLN 100 in Poland  

Research report, 2018
Author: dr hab. Michał Polasik
Report form: a PDF Presentation 

Key objective

Determining the results of raising the limit on contactless transactions without PIN verification to PLN 100 in the Polish payments market.

Specific objectives

a) Seeking Polish consumers’ opinions on the raising of the limit on contactless transactions without PIN verification to PLN 100.

b) Studying the CVM limit increase in the context of the security of conactless cards in the Polish market.

c) Estimating time-efficiency improvement and decrease in payroll costs for the merchants providing payments at POS as a result of the CVM limit increase. 

Assumptions

•The raising of the limit on contactless transactions without PIN verification to PLN 100 is scheduled to become effective as of 1 January, 2019.

•The other factors determining the development of the payment cards market will not change significantly and will remain similar to those that were in force as of the end of 2017.

Information brochure: PDF >>

Contents of the report:

• The report comprises 112 slides.
• The report includes 68 charts and pictures.
• The report is divided into four parts:
  • Part 1. Polish contactless payments market
  • Part 2. Polish consumers’ opinions
  • Part 3. Time-efficiency and cost reduction as the results of limited need of PIN verification
  • Part 4. Security of contactless payments in the Polish market

Price

• Licence for institutions - entitling 20 persons authorised by the subscriber to use the report – PLN 6,000 net*

* VAT @ 23 per cent should be added to the net price.