Yes, it can. The limits on the card and the POS device determine whether a contactless transaction is processed online.
When the contactless limit on the POS is higher than the contactless floor limit:
- For transactions below the contactless transaction limit and equal to or above the CVM limit, CVM checks are performed and the transaction is processed online. An online PIN or signature may be requested.
- Transactions above the contactless floor limit and below the CVM limit are processed online without CVM checks.
Let us look at these 3 limits supported for contactless transactions through an example.
Assuming the limit values are as follows:
Contactless Limit (contactless transaction limit): 250 TL
CVM Limit: 60 TL
Floor Limit: 50 TL
A contactless transaction between 50.00 and 59.99 TL goes online without CVM checks.
A contactless transaction between 60.00 and 249.99 TL goes online with CVM checks (online PIN or signature).
For transactions of 250.00 TL and above, a prompt is shown to read the card's chip, and the transaction is completed by reading the chip.
