Transport for London (TfL) has confirmed plans to implement a contactless payment system intended to act as an alternative to the capital’s Oyster card network, according to ZDNet.
Expected to be in place by 2012, the new system will involve a partnership with Visa, MasterCard and American Express to allow passengers to pay for bus fare with a tap of their contactless debit or credit cards.
According to TfL, the new system would make London’s public transport more accessible to visitors who are not familiar with Oyster or who do not carry an Oyster card, but do have a contactless credit or debit card, even if that card was issued by an overseas bank.
According to ZDNet, TfL has been working with international transport operators to develop a common standard for the new system, which TfL says will position London at the forefront of ticketing technology.
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