The limit on contactless payments is set to rise for the second time in less than two years from October as the UK Government tries to get people to spend more in shops. Shoppers will be able to pay up to £100 ($137) using their contactless cards from October 15, trade body UK Finance said. The increase had already been announced by the government earlier this year, but banks had not yet decided when to implement it. Meanwhile, some shops might take longer to introduce the new limit, because they need to update their terminals. David Postings, chief executive of trade body UK Finance, said: “Contactless payment has proved very popular with consumers and an increasing number of transactions are being made using contactless technology. “The increase in the limit to £100 ($137) will allow people to pay for higher value transactions like their weekly shop or filling up their …