TfL ‘fastest growing contactless merchant in Europe’

Transport for London (TfL) claims to be the fastest growing contactless Visa merchant in Europe and the UK for Mastercard and American Express just six months after it was launched on London Underground, tram, DLR, London Overground, buses and most National Rail services in London. The world leading technology is now being used by millions of customers, providing them with easier and more convenient journeys. Customers using contactless pay the same adult-rate pay as you go fare as Oyster and benefit from h
March 17, 2015 Read time: 2 mins
RSS1466 Transport for London (TfL) claims to be the fastest growing contactless 1758 Visa merchant in Europe and the UK for 1756 Mastercard and 1750 American Express just six months after it was launched on London Underground, tram, 6782 DLR, London Overground, buses and most National Rail services in London. 

The world leading technology is now being used by millions of customers, providing them with easier and more convenient journeys. Customers using contactless pay the same adult-rate pay as you go fare as Oyster and benefit from having their fares capped – this automatically calculates the best value for their contactless travel in a day or over a seven-day period from Monday to Sunday. Contactless is a quick and easy way to get around on transport services in London. It removes the need for customers to top up, and is a secure means of paying for travel with multiple layers of security protecting against fraud.

On 13 March the number of contactless taps made on a single day reached one million. Over 14 per cent of all pay as you go journeys across TfL services are now made using contactless, with over 60 million journeys made in the last six months.

For more information on companies in this article

Related Content

  • Fleet management systems to reach 7.1 million in Europe by 2018
    October 15, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.65 million in quarter 4 2013. Growing at a compound annual growth rate (CAGR) of 14.2 per cent, this number is expected to reach 7.10 million by 2018. A group of international aftermarket solution providers has emerged as leaders in the European fleet management market. Masternaut reported an active installed base of close to 350,000 units
    Read More
  • Car traffic in London is down but congestion is up, says new study
    May 18, 2016
    London Congestion Trends, an in-depth study of the causes of traffic congestion in London between 2012 and 2015 published by Inrix, indicates that congestion in London is increasing, with journey times in Central London growing by 12 per cent annually. Inrix says this is consistent with data that shows that the London economy and population are growing, which normally results in an increase in gridlock. Further, unemployment and fuel prices are down, both of which usually mean a rise in traffic. Despite thi
    Read More
  • Bombardier supplies 60 Aventra vehicles for London Rail Structure
    December 19, 2017
    Bombardier has signed a contract with Porterbook and C2c to supply 60 of its Aventra vehicles to be used on the C2c rail franchise from September 2021 with the intention of increasing capacity and improving journeys for commuters into London. The overall value of the rolling stock and maintenance and support services contract is valued £105m ($139m) and will run until November 2029.
    Read More
  • Make it easier to pay for parking, says AA
    August 9, 2017
    Seven out of 10 (70 per cent) UK drivers say they are more likely to drive by rather than park in a bay which requires payment by phone, according to a survey by the Automobile Association (AA). The AA-Populus Driver Poll of more than 16,500 members carried out last month, found that cash is still the preferred option for those looking to pay for parking. Despite their preference to use cash, around two thirds of drivers say that it is often a challenge to find the right change for parking, which may be due
    Read More

Highlighted Content