Transport for London contactless payments

Article Highlights

Key Takeaway:

Complaints by Transport for London about payments industry. Also:
• Two unsuccessful vendors in recent Swedish tender are likely appealing.
• California open-loop procurement project finally nets a new agency.

Key Data:

Anderson pointed to a 25% increase in processing fees for debit transactions for all retailers in the UK,

Organizations Mentioned:

• TfL (London)
• Västtrafik (Gothenburg)
• Mikroelektronika
• Vix Technology
• Ridango
• SacRT

Complaining of rising transaction fees and higher fraud, Transport or London today suggested that actions by banks and payments schemes threatened to kill the “golden goose” of contactless fare payments for the agency.

Andrew Anderson, the agency’s head of customer payments, used his annual presentation at the

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