TfL tops 1 billion contactless journeys

TfL tops 1 billion contactless journeys

Transport for London (TfL) says its passengers have made more than one billion pay-as-you-go journeys using contactless payment cards, with 40% of all pay-as-you-go trips paid for with contactless payment, up from 25% a year ago.

Banking Technology‘s sister publication Paybefore reports.

The transit authority’s figures show that, on average, two million journeys are made using contactless every day. Of these, almost one in ten contactless transactions are now made using mobile devices, with more than 31 million journeys made specifically using mobile phones in London in the last 12 months, TfL says.

TfL’s contactless payment system was first launched on London’s buses in December 2012 and expanded to cover London underground and rail services in London in September 2014.

“London continues to lead the way in terms of contactless payment around the world, and the money we make selling TfL’s innovation and expertise to other major global cities will allow us to put further money into improving London’s own transport network,” states London Mayor Sadiq Khan.

Last year, TfL signed a deal worth up to £15 million with Cubic Transportation Systems (CTS) enabling the company to adapt the city’s contactless ticketing system worldwide. It’s the first of a number of planned agreements to sell TfL’s expertise both at home and abroad, according to TfL.

Since then, CTS has progressed discussions with a number of world cities, including Sydney and Miami, to introduce contactless ticketing technology to their transport networks in the future.

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