News & Views - Savantor

TfL boost for contactless payments

Wednesday, 09 July 2014
TfL are about to roll out a swathe of payment options for travel on public transport around London. In addition to the very successful Oyster card, come September passengers will also be able to tap their contactless credit, debit and prepaid cards as well. This isn’t just a matter of rolling out a new payment method, though. As with Oyster, TfL are ensuring that the consumer achieves the best value for money based on the ticketing options available with daily caps on costs so that the cumulative cost for a day does not exceed the price of the more traditional Day TravelCard which allows passengers unlimited travel within the city. This is the type of thinking that will make people more likely to consider using the new payment technologies being put in front of them in their day-to-day lives. It may well turn out that this move expands the level of consumer confidence in using contactless features on cards and the technologies can finally gain some traction.
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