In message , at
14:34:32 on Mon, 25 Nov 2013, Neil Williams
remarked:
But is it allowed to process a contactless transaction offline?

Floor limits are decided by the retailer,

But isn't the contactless credit limit something quite low.

but the retailer does this at their own risk.

Even for a transaction below the ?£20? contactless credit limit?

Fairly sure this is completely independent of what means of
verification is used (Pin, signature, contact less or cardholder not
present) .

Why would a signature protect the retailer more, if the agreement they
have is for signature-less contactless transactions?
--
Roland Perry