Transport for London
News stories featuring Transport for London:
November 3rd, 2016
More than one in five card payments are now made using contactless cards, The UK Cards Association says, adding it is “excited” by the possibilities the technology brings for making payments to transport operators and…
October 31st, 2016
All black cabs across London are now enabled to accept contactless payments, Transport for London (TfL) has announced. “All taxis will have to carry a card payment device, ending uncertainty for customers about how they will be able to pay,” the company says. “The move comes after 86% of respondents to TfL’s consultation said they wanted to be able to use cards and contactless payments in taxis.” TfL confirmed its contactless payment plans for taxis in November last year.
July 13th, 2016
Transport for London (TfL) is to begin licensing its contactless ticketing system to other major cities across the globe as part of a deal worth up to £15m with Cubic Corporation’s business unit Cubic Transportation Systems (CTS).
May 30th, 2016
Some 3bn contactless transactions were made across Europe on Visa cards and payment-enabled devices in the year to 30 April 2016, growing from 143m transactions a month in April 2015 to 360m in April 2016. The…
May 23rd, 2016
UK commuters travelling on MBNA Thames Clippers River Bus services can now pay using contactless cards following an expansion of Transport for London’s (TfL) services. “The payment method can now be used on all MBNA Thames Clippers River Bus routes, which cover around 28 kilometers of the Thames between Putney and Woolwich Arsenal,” TfL says. The transport organisation recorded more than 100m contactless journeys across London between September 2014 and June last year.
May 18th, 2016
Google has launched its Android Pay mobile payment service across the UK, allowing consumers to make payments at any contactless terminal with a tap of their Android handset. The service launches with support from MasterCard, Visa and eight British banks, “with new banks being added all the time,” the company says.
May 12th, 2016
Barclays is to begin rolling out a host card emulation (HCE) based mobile payment feature to its mobile banking app in June, the UK bank has confirmed to NFC World. The service — known as Barclays Contactless Mobile — will enable customers to make transactions at any contactless terminal as well as pay for services across Transport for London (TfL) with a tap of their Android device.
May 11th, 2016
Some 3bn contactless transactions have been made across Europe using Visa cards in the past 12 months, nearly tripling the number made in the previous 12-month period, Visa Europe has revealed.
May 4th, 2016
PARTNER NEWS: Commuters on some 500 Transport for London (TfL) buses can now receive real-time travel updates and relevant location-based advertising using transport app developer Mapway’s Bus Times London app.
March 10th, 2016
More than 100m people around the world will use an NFC handset to make a purchase this year, according to a new report from Strategy Analytics, and the value of transactions conducted via NFC handsets will grow from US$30bn in 2016 to US$240bn in 2021.
February 26th, 2016
UK spending on contactless cards rose more than threefold in 2015 to reach £7.75bn (US$10.8bn), research from The UK Cards Association reveals, meaning that total contactless spending last year was more than double that of…
February 21st, 2016
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year.
January 28th, 2016
More than 3.2m journeys across London’s transport network were made using mobile devices in the second half of 2015, Transport for London (TfL) has revealed, and over 35,000 journeys a day are now being made using a mobile device.
January 14th, 2016
Visa cardholders made more than a million contactless journeys on London’s transport network on a single day in the lead up to Christmas, Visa Europe has revealed. “In December alone, Visa Europe saw a 166% annual…
January 13th, 2016
London commuters will soon be able to pay for black cab fares with an NFC device or a contactless card using PayPal Here, the company’s contactless reader that launched in the UK in August 2015. “PayPal Here has been approved as a card payment solution by Transport for London (TfL),” PayPal says. All London taxis will be required to accept contactless payments from October 2016, TfL confirmed in November.
November 27th, 2015
All London taxis will be required to accept contactless payments from October 2016, Transport for London (TfL) has confirmed. “TfL has negotiated with the credit card industry to bring down the cost for drivers of accepting card payments,” TfL says. “This will reduce transaction fees paid by cabbies from up to 10% to 3% or less of the transaction. Taxi drivers will recoup their transaction costs through a proposed 20p increase on the basic fare.”
November 20th, 2015
Passengers using Apple Pay to pay for travel with a MasterCard on London’s transport network will have their fares refunded by the payments network over the next four Mondays.
October 26th, 2015
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.”
October 5th, 2015
A team of NFC payments veterans has launched a campaign on Kickstarter to raise funds for an NFC ring that can be used to make payments at contactless POS terminals and across the Transport for London network.
September 16th, 2015
More than 180m journeys have been made using contactless payments on London’s transport network in the first year since its launch, Transport for London (TfL) has revealed. “One in seven of all contactless transactions in the UK now take place on London transport,” TfL says. “Over 375,000 contactless journeys are made on Tube and Rail services and 250,000 on London buses every day.”
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