Millions of London Underground passengers will soon be able to ditch their Oyster cards and gain access to the tube network using only their bank card.
Bus travellers in
TfL said it expects the move will save it up to £80m?in the next five years by reducing payments to the firm providing Oyster cards, although it has no plans to phase the method out.
Ahead of the contactless introduction, tube tannoys have been warning passengers about the risk of "card clash". Commuters have been told not to keep two contactless bank cards in their wallet as the wrong one could be charged when they touch in or out. TfL insists there is no risk of double charging for a journey.
And, as with Oyster, there will still be a daily and weekly cap on the cost of journeys.
TfL said all
Industry analysts said the move would give a much needed boost to contactless payments, which have only recently become popular despite being offered by some banks since 2007.
Coffee shops, fast food outlets including McDonald's, and a number of supermarkets now accept contactless payments of up to £20. Customers do not have to enter their pin, and 700,000 contactless transactions are made every single day, according to Barclaycard.
The lack of cards has held back its mass take-up, and even now only 30% of the 157m
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