Article Highlights

Key Takeaway:

Transport for London has no plans to phase out its closed-loop Oyster card despite strong growth of contactless EMV fare payments.

Key Data:

Graph on percentage of TfL fares paid for with contactless payments, Oyster PAYG, season tickets and printed tickets.

Organizations Mentioned:

• Transport for London
• NXP Semiconductors

As more and more transit authorities globally seek to emulate Transport for London’s success in gaining widespread adoption for contactless open-loop fare payments, they should take note that London’s closed-loop Oyster card remains popular, even among visitors to the city.

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