Commenting on TfL’s announcement that it is the fastest growing contactless merchant in Europe, Labour’s London Assembly Transport Spokesperson Val Shawcross AM said:
“Whilst contactless is an excellent innovation and has made lives easier for many transport users TfL has still failed to address the fact that Oyster users are losing out as a consequence. TfL has consistently promised that Oyster would always be the cheapest way to travel. By refusing to introduce weekly capping on Oyster, as they have with contactless, Oyster users risk paying more than their contactless-using counterparts.
“With almost half a million Londoners not having bank accounts, passengers should always have multiple options for how they can pay transport fares. What contactless shouldn’t become is a stealth attempt to push people away from Oyster cards by reserving the best fares for contactless.”
- 440,000 people in London do not have bank accounts according to research in April 2014 from Ffrees Family Finance.
- Val Shawcross is the Labour London Assembly Member for Lambeth and Southwark.