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

  • Eurosmart report: the world is heading for a hyper-connected era
    November 3, 2014
    A new, ‘hyper-connected’era will bring a wealth of benefits in the next five years, says Brussels-based Smart Security industry body
  • Eurosmart report: the world is heading for a hyper-connected era
    November 3, 2014
    A new, ‘hyper-connected’era will bring a wealth of benefits in the next five years, says Brussels-based Smart Security industry body
  • Europe to lead insurance telematics market
    June 14, 2012
    The number of insurance telematics users in Europe will grow from 1.5 million in 2010 to 44 million in 2017, initially driven by the UK and Italy, according to ABI Research. Despite aggressive efforts from Progressive, North America will continue to lag behind the European UBI market, it says. Vice president and practice director Dominique Bonte comments, “While insurance telematics or usage based insurance (UBI) is far from a recent phenomenon, renewed interest in this market has been observed from both es
  • Integrated public transport systems ‘make travel easier and more affordable’
    April 9, 2015
    Streamlining schedules, stops, fares, and passenger information among subways, buses and commuter rail, will make it easier for passengers, cut down on operational costs and boost operational revenue, according to a new World Bank paper published today, Public Transport Service Optimisation and System Integration. The paper, which is part of the China Transport Notes Series produced by the World Bank in Beijing to share experiences about the transformation of the Chinese transport sector, claims lack of