Transport for London (TfL) announced on 25 July 2014, that it is introducing contactless payments from 16 September 2014 for all pay-as-you-go customers. Contactless payments were successfully launched on London’s buses in December 2012, allowing customers to pay for their journey with a contactless payment card. Contactless payments are now to be extended to the Tube, trams, DLR and London Overground.
What this means for you
Once the changes are introduced, customers will no longer need to spend time topping up Oyster balances because fares will be charged directly to payment card accounts. Customers will touch in and out of the readers at the start and end of every journey, with only one charge per day being sent to the account provider for payment