Friday, July 7, 2017 
Transport for London (TfL) has declared that London has so far recorded its one billionth journey utilizing contactless payment that had been made on TfL, the public transport network of London.
Ever since this technology had been launched in the capital during December 2012, it popularity has continued to increase steadily over the next few years.
About 40% of all the ‘pay as you go’ trips are currently being made through contactless forums that have witnessed a marked rise of 25% since the early part of last year. Most of the payments are made using debit or credit cards but then several passengers are also known to utilize key fobs, mobile apps, wristbands or stickers.
Sadiq Khan who is the mayor of London said that they are delighted to discover that they had touched about one billion contactless journeys in London.
He went on to add that the drastic rise in the utility of contactless processes over last year clearly indicates that that London has been capable of making a considerable amount of progress by making the journeys more convenient for busy Londoners and also tourists to the city.
Shashi Verma, the chief technology officer of TfL said that the payments have actually gone on to transform the way people generally travel in London.
In 2016, London had signed a deal with TfL worth £15 million to permit Cubic Transportation Systems to adapt gracefully to the contactless ticketing systems of London all across the globe.
The biggest bus operator of Britain, Stagecoach had already launched contactless payment in several English regions like South Yorkshire, Greater Manchester, Oxford and the South East.
Tags: Cubic Transportation Systems, london, Sadiq Khan, Shashi Verma, stagecoach, Transport for London
Wednesday, June 29, 2022