Skip to main content

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

  • MaaS by any other name
    February 6, 2020
    Has the roll-out of Mobility as a Service stalled - or could it just be that multimodal travel is simply happening under a variety of different names?
  • London’s strategy to tackle air quality problems
    October 21, 2014
    Colin Sowman talks to Matthew Pencharz, the man charged with charting London’s path between catering for traveller needs, conserving ancient buildings and conforming to modern air quality standards.
  • Pricing practise for HOT lane operation
    May 11, 2017
    Timothy Compston weighs up the critical elements that keep the wheels of dynamic pricing schemes turning in today's high-occupancy toll (HOT) lanes. In the drive towards smarter tolling it is perhaps not surprising that sophisticated pricing algorithms are being rolled out to better reflect supply and demand on the roadway. This is the case with high-occupancy toll (HOT) lanes which a growing number of DoTs are seeing as a way of smoothing the operation of their existing, and planned, freeway infrastructure
  • EIB backing for London transport
    September 15, 2015
    The European Investment Bank (EIB) has agreed to provide US$1.5 billion for investment in the London transport network. The 35 year loan from Europe’s long-term lending institution will support major projects, including significant upgrades by Transport for London (TfL) at Victoria and Bank Tube stations, which will transform passenger access at two of the busiest stations in the capital. The new support was announced by Jonathan Taylor, vice president of the European Investment Bank and Steve Allen, ma