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In-Depth: Contactless Transactions Soar, but Transport for London Affirms that Oyster Will Remain Payments Option

by Dan BalabanPosted on Posted in Closed LoopTagged Contactless payments, Editor's Choice, Oyster card, Transport for London
Contactless open-loop payments have surged in recent months for Transport for London, returning to their steep growth trajectory before the pandemic, and now account for 70% of all pay-as-you-go, or PAYG, trips on the London Underground and two-thirds of PAYG...

Transport for London to Offer Weekly Fare Capping with Oyster Cards; Move Expected to Drive Even More Riders to Pay as You Go

by Mobility Payments StaffPosted on Posted in Closed LoopTagged Oyster card, Transport for London
In a move expected to make Transport for London’s pay-as-you-go model even more dominant and further erode support for season tickets and other period travel passes, the agency today said it will introduce weekly fare capping for PAYG transactions with its...

In-Depth: 5 Years After Transport for London Launched Contactless Across Transit Network, Open Loop in UK Remains Uneven

by Dan BalabanPosted on Posted in Open LoopTagged Arriva, Stagecoach, Transport for Greater Manchester, Transport for London
Phone at terminal Lothian buses
Five years ago next month (September 2019), Transport for London introduced open-loop contactless payments across its transit network, including metro, trams and commuter rail, following an earlier launch on buses. The service now accounts for more than half...

Indra Executive Says Vendor would Not have Relied Only on Price to Beat Cubic in London

by Dan BalabanPosted on Posted in Closed LoopTagged Indra, Transport for London
Spain-based Indra Systems suggested that it beat out incumbent Cubic Transportation Systems for the award of London’s integrated revenue-collection contract because of a combination of factors, not only price, an Indra executive told Mobility Payments. A...
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Cubic Execs Seek to Calm Worries among Agencies and Employees as Its Poor Showing in London and Lawsuit against TfL Sink in

by Dan BalabanPosted on Posted in Closed LoopTagged Editor's Choice, Transport for London
Less than a week after the stunning disclosure by Cubic that it had filed a lawsuit against Transport for London seeking to challenge the loss of the agency’s coveted revenue-collection contract, executives are trying to allay concerns among other transport...
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