Contactless payment card system to be rolled out on London buses, costing £75m

Contactless payment via personal bank cards will be introduced on London buses from the start of the 2012. The new “wave and pay” system will allow passengers who don’t have an Oyster Card to benefit from low cost travel and to pay for their bus fare with the minimum amount of hassle.

However the new technology is not without its doubters, with the London Assembly’s Transport Committee making a number of recommendations before the scheme is rolled out throughout the London bus network.

The committee wants reassurances that those without personal debit or credit cards will still have access to the best travel fares, and also protection against electronic pick pockets who could attempt to intercept the new contactless payment system to gain access to personal bank accounts.
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