A similar approval has already been granted to Mastercard
It looks like the last obstacle on the way to raising the limit for transactions that don't require PIN code authorization in Poland has just been removed. Visa announced that it has received approval from the National Bank of Poland to change the limit from 50 to 100 złoty (approx. 24 euro). - We are currently talking with banks about when and how to best implement the change. Out top priority is to maintain a balance between convenience and safety for both customers and retailers - Visa's press release states.
Visa has the biggest share on the Polish card market among payment companies. Mastercard, who is in second place, already received the central bank's approval to raise the PINless transaction limit last year. The company announced back then that their customers would see the change implemented in the second quarter of 2019. It seems that Visa will update its card use policy at roughly the same time.
The PINless transaction limit of 50 zł was established in the previous decade, then contactless cards were just entering the Polish market. Many customers had trouble understanding how contactless payments worked and were worried about the safety of their money. A low transaction limit helped mediate those fears. But a lot as changed in the last ten years. Retail prices have gone up, and contactless cards have become very popular, while customers have embraced their advantages. It's high time we raised the PINless transaction limit – especially since the one in Poland is among the lowest in Europe.