4 Country Specific Policies

4.1 Country Specific Policies

Country	EMV Requirements	Maximum Amount for a Contact Transaction with No CVM	Maximum Amount for a Contactless Transaction with No CVM	Aggregated Charge Limit	Record Retention Period	Fraud Full Recourse Programme Applies	Strong Customer Authentication (SCA)
Section	2.1.1 / 2.1.2	2.1.4	2.1.5	2.3.4	2.6	2.7.2	2.9
Australia	Chip Only Country	AUD 100	AUD 200	AUD 15	12 months	Y	N
Austria	Chip and PIN Country	EUR 0¹	EUR 50	EUR 15	18 months	N	Y
Belgium / Luxembourg	Chip and PIN Country	EUR 0¹	EUR 50	EUR 15	18 months	Y	Y
Finland	Chip and PIN Country	EUR 0¹	EUR 50	EUR 10	18 months	Y	Y
France	Chip and PIN Country	EUR 0¹	EUR 50	EUR 15	18 months	Y	Y
Germany	Chip and PIN Country	EUR 0¹	EUR 50	EUR 15	18 months	N	Y
Hong Kong (Special Administrative Region of China)	Chip Only Country	HKD 1,000	HKD 1,000	USD 15	12 months	Y	N
Italy	Chip and PIN Country	EUR 0¹	EUR 50	EUR 15	18 months	Y	Y
Japan	Chip Only Country	JPY 10,000	JPY 10,000	JPY 1,200	12 months	N	N
Mexico	Chip Only Country	MXN 400	MXN 1,500	USD 15	12 months	Y	N
Netherlands	Chip and PIN Country	EUR 0¹	EUR 50	EUR 15	18 months	Y	Y
New Zealand	Chip Only Country	NZD 100	NZD 200	USD 15	12 months	Y	N
Singapore	Chip Only Country	SGD 200	SGD 200	USD 15	12 months	Y	N
Spain	Chip and PIN Country	EUR 0¹	EUR 50	EUR 15	18 months	Y	Y
Sweden	Chip and PIN Country	SEK 0¹	SEK 400	SEK 100	18 months	Y	Y
Taiwan (Province of China)	Non-Chip Country	TWD 3,000	TWD 3,000	USD 15	12 months	Y	N
Thailand	Non-Chip Country	THB 500	THB 500	USD 15	12 months	Y	N
United Kingdom	Chip and PIN Country	GBP 0¹	GBP 45	GBP 10	18 months	Y	Y

1 Unless it is a Transaction conducted at an unattended terminal for transport fares and parking fees only. The limit for such Transactions will be the corresponding Maximum Amount for a Contactless Transaction with No CVM.