Transaction limits in Softpay are fully managed by your acquirer or processor.
Softpay fully relies on the acquirer for these settings and decisions. We do not impose any additional monetary transaction limits beyond those enforced by the acquirer.
Limits Controlled by the Acquirer
Your acquirer determines:
Floor limit – maximum amount that can be processed without requiring online authorization from the card issuer.
CVM limit (Cardholder Verification Method) - defines the maximum amount at which a cardholder can make a contactless payment without additional verification (PIN or biometrics).
Contactless limit – Maximum allowed for contactless transactions
Minimum and maximum for transactions in general
Example Country CVM limits:
Denmark 350 DKK
Sweden 400 SEK
Norway 500 NOK
United Kingdom 100 £
You can find a full list for all countries on https://en.wikipedia.org/wiki/Contactless_payment#CVM_limit