Transport for London has confirmed it will miss its deadline for accepting open-loop credit and debit card payments on London buses in time for the start of the Summer Olympics.
Shashi Verma, the transit authority’s director of customer experience, said riders would only be able to tap to pay fares with their contactless bank cards on a small number of buses starting next month, not the 8,500 buses that the big transit authority had initially planned. Verma’s original goal was to introduce open-loop payment of fares in 2011.
Transport for London has reportedly moved the rollout of contactless bank card acceptance on buses back to the end of the year. And expansion of open-loop payment on the London Underground and other modes of transport managed by the authority won’t get started until 2013 or beyond.