The payment limit for contactless cards could be raised to £100 under new measures to be considered by the City regulator.
Since the limit for contactless card payments was raised from £30 to £45 last April at the start of the coronavirus pandemic, people have increasingly made use of contactless payments, the Financial Conduct Authority (FCA) said.
The move was intended to reduce the need for physical contact with devices where people need to input their pin, and reduce the need for handling cash.
Now, the FCA said it intends to consult on a possible increase to the limit.
It said: "It's important that payments regulation keeps pace with consumer and merchant expectations.
"Recognising changing behaviour in how people pay, as part of a wider consultation, we will shortly be seeking views on amending our rules to allow for a possible increase in the contactless limit to £100."
The current £45 limit is three times the amount it was a decade ago.
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"Tap and go" contactless cards initially had a limit of £10 in 2007, and this was increased to £15 in 2010, £20 in 2012 and £30 in 2015.
Increasing the contactless payment limit may hasten the demise of cash use, although the Government intends to legislate to protect access to cash.
Some retailers have encouraged shoppers to pay by card rather than cash during the pandemic, although a recent Bank of England study found the risk of catching coronavirus from banknotes was low.
