PaddyBloggit
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As the title .... is there a limit?
There is no maximum transaction value for Chip and PIN Laser transactions. A limit of €1,500 applies to non Chip and PIN transactions. (Some card issuers may apply their own polices regarding transaction limits. Please refer to your card issuer's terms and conditions.)
Thankfully Laser's days are numbered.Q: Is there a maximum transaction amount for Laser transactions? A: There is no maximum transaction value for Chip and PIN Laser transactions. A limit of €1,500 applies to non Chip and PIN transactions. (Some card issuers may apply their own polices regarding transaction limits. Please refer to your card issuer's terms and conditions.)
In practice, these principles will mean that no national debit card schemes should operate in the long term; multinational debit card schemes operated by existing international card schemes (Visa, MasterCard) and/or schemes created from alliances between existing national debit card scheme operators will replace them. Accordingly, the Laser brand is likely to disappear in the long term. In that event, banks in Ireland may choose (individually or collectively) to participate in a chosen SCF-compatible scheme