1 million bus journeys in London have now been paid for using a contactless debit, credit or charge card. This is an encouraging sign to Transport for London (TfL) that Londoners are keen to make the most of this easy and convenient way to pay for their travel.
In the four months since the launch of contactless payments on buses on 13 December 2012 the number of people using their contactless payment card has continued to rise each week. From 2,061 people making 2,586 journeys paid for on their contactless payment card on the first day in December, up to 10,000 people are now making as many as 16,000 journeys each day.
Around 1,000 new contactless payment cards are touched on to the readers on Londons 8,500 buses each day, indicating that it isnt just the same people each week who are choosing the convenience of paying their fares this way. The take-up is encouraging as plans progress for the roll out of contactless payments on to the Tube, DLR, London Overground and trams at the end of the year. Daily price capping does not apply to current bus users of contactless payment cards, but once the technology is rolled out to the wider transport network daily and weekly price capping will be introduced.
Sandra Alzetta, Senior Vice President at Visa Europe, said: Todays milestone is further validation that contactless payment is a convenience consumers really appreciate. Were seeing a corresponding growth in the use of contactless cards across the UK; £33 million was spent on Visa contactless cards in February, and the number of transactions has grown by 25% in the last quarter to reach 4.5 million every month.