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

  • Cubic adds NFC capability to smartphones
    November 4, 2014
    Cubic Transportation Systems is to integrate On Track Innovations’ (oti) Wave near field communication (NFC) device into its NextWave mobile mass transit platform, adding NFC capability to virtually any smartphone or tablet through the audio jack. Launched in September 2013, Cubic’s NextWave platform simplifies the complexities of deploying mobile services by providing a cloud-based solution that integrates closed- and open-loop contactless fare systems, payment processors, mobile networks, NFC platforms
  • Europe fastest growing region for ITS, says report
    April 15, 2016
    According to Technavio’s latest report, the global intelligent transport systems (ITS) market is expected to exceed US$58 billion by 2020, growing at a CAGR of over eight per cent during the forecast period. The global ITS market is expected to grow moderately during the forecast period. The major customer segments of ITSs are public departments, municipal corporations, government organizations, car and truck leasing companies, and construction firms. “These systems help make traffic and fleet manag
  • How to win over car owners to public transit
    February 16, 2021
    Public transportation agencies need to look at what private sector firms like Amazon and Netflix have offered their customers, argues Bonnie Crawford of Cubic Transportation Systems
  • MassDOT upgrades E-ZPass customer service
    March 3, 2015
    TransCore has been awarded a multi-year, US$205 million contract by Massachusetts Department of Transportation (MassDOT) to deliver accurate financial accounting, comprehensive transaction processes and customer service operations for its E-ZPass Service Centers. TransCore will implement its Integrity system to process more than 160 million MassDOT transactions each year. As the State moves to a cashless tolling solution, Integrity offers an E-ZPass interoperability module to manage more than 1.9 million lo