London buses will no longer accept cash payments from this summer, Transport for London announced.
TfL says money payments make up just one per cent of journeys and contactless payments using bank cards are increasingly common since being introduced in December 2012.
Accepting cash on London buses costs £24million a year. A public consultation into stopping cash payments on buses received 37,000 responses
TfL claims around a third of respondents agreed with removing money fares. Around three quarters of responses came from people do not pay cash on the bus.
The exact date of when buses will no longer accept cash is not yet known. Measures to help the transition include:
1) ‘One more journey’ - This allows people with less than the single fare but with a positive balance to travel on one more bus before they add credit to their Oyster
2) Reviewing where more Oyster ticket shops can be added, focussing on outer London
3) Training 24,500 to “ensure a consistent approach is taken when dealing with vulnerable passengers”
Leon Daniels, of TfL said: “The decision to stop accepting cash fares on London buses reflects the changing way that people pay for goods and services in our city, including journeys on the bus network.
“We are introducing a range of measures, including a new ‘one more journey’ feature on Oyster cards, which will ensure that people can still make a journey and then top up their card when they don’t have the full fare.
“Paying with Oyster or a contactless payment card is not only the cheapest option, but also speeds up boarding times at bus stops and reduces delays. By removing this option we will generate significant savings which, like all of our income, will be reinvested in improvements to the transport network.”
TfL says money payments make up just one per cent of journeys and contactless payments using bank cards are increasingly common since being introduced in December 2012.
Accepting cash on London buses costs £24million a year. A public consultation into stopping cash payments on buses received 37,000 responses
TfL claims around a third of respondents agreed with removing money fares. Around three quarters of responses came from people do not pay cash on the bus.
The exact date of when buses will no longer accept cash is not yet known. Measures to help the transition include:
1) ‘One more journey’ - This allows people with less than the single fare but with a positive balance to travel on one more bus before they add credit to their Oyster
2) Reviewing where more Oyster ticket shops can be added, focussing on outer London
3) Training 24,500 to “ensure a consistent approach is taken when dealing with vulnerable passengers”
Leon Daniels, of TfL said: “The decision to stop accepting cash fares on London buses reflects the changing way that people pay for goods and services in our city, including journeys on the bus network.
“We are introducing a range of measures, including a new ‘one more journey’ feature on Oyster cards, which will ensure that people can still make a journey and then top up their card when they don’t have the full fare.
“Paying with Oyster or a contactless payment card is not only the cheapest option, but also speeds up boarding times at bus stops and reduces delays. By removing this option we will generate significant savings which, like all of our income, will be reinvested in improvements to the transport network.”
London24
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