Barclaycard reports contactless payments have been used to purchase more than 700,000 London bus users a ticket to ride since the launch last December, and this figure is raising daily.
The latest figures from global payments business show an average of 11,000 contactless bus fares are being made every day, and the volumes are growing exponentially month-on-month. It is expected that up to 25 million contactless bus journeys will be made across the capital by the end of 2013.
Barclaycard provided the technology to enable Transport for London (TfL) and its bus fleet of more than 9,000 to accept contactless payments across the capital. And with the TfL’s rapid expansion plan, travelers will also be able to ‘tap and pay’ on the London Underground, DLR, London Overground and trams before the end of the year.
In addition to contactless journeys on London’s buses, approximately 130,000 merchant outlets signed up across the UK, including Pret A Manger, Waitrose, WH Smith, Wembley Arena and M6 Toll.