Showing posts with label transport for london. Show all posts
Showing posts with label transport for london. Show all posts

Friday, 25 February 2011

TfL to Accept Contactless Bankcards by 2012

Transport for London yesterday announced that it is preparing to accept contactless bankcards at its Oyster Card readers by next year's Olympics.

The payment option will be available for the tube, buses and the Docklands Light Railway.  TfL is also in discussions with National Rail to accept contactless bankcards for the railroad routes that already take Oyster. 

Will Judge, TfL's head of future ticketing said: "As more people use their bank-issued cards to pay for their travel directly, TfL's costs will reduce, delivering better value for money for London's fare and taxpayers". 

With 12 million contactless bankcards already in circulation, expected to grow to 20 million by 2012, there should certainly be demand for the option.  Still, the statement does not say if the system will accept payment with NFC-enabled mobile phones - the device that is most likely to accelerate NFC-adoption in the coming years.

Wednesday, 19 January 2011

Three Exciting Stories in Payment (Jan 19)

Starbucks has launched a mobile payment application for iPhones, iPads and Blackberry's built on its Starbucks Card platform.  The application will enable customers to make their purchases with a barcode that appears on their mobile phone, check their balance and receive Starbucks loyalty points.
http://www.pymnts.com/mobile-payment-debuts-nationally-at-starbucks-20110119005434/

Softbank Mobile has selected France's Gemalto for their NFC trial in Japan.  The trial will leverage Gemalto's UICC SIM card and N-Flex technology.  Users simply receive a replacement SIM card, which enables a conventional mobile phone for NFC through the antenna.  In addition to a prepaid service, Softbank's trial also enables users to perform NFC transactions from two Japanese credit card issuers. 
http://www.paymentssource.com/news/gemalto-joins-mobile-japan-3004716-1.html

MasterCard has entered a marketing partnership with Transport for London (TfL) to distribute PayPass (MasterCard's NFC solution) branded wallets to Oyster Card users.  PayPass is still not available in London, but the marketing push is in anticipation of TfL putting Oyster on an open-loop network, such as Visa or MasterCard.
http://marketingmagazine.co.uk/news/1049764/MasterCard-brands-Oyster-wallets-PayPass-push/

<a href="http://www.freewebdirectories.org">web directories</a>