Transport for London (TfL) are currently consulting on removing the option to pay by cash on London’s buses. The consultation is open now and ends on 11 October 2013. You can have your say by taking part online here.
TfL are proposing to go cashless:
- To remove the delays you get on buses by paying with cash
- As cash payers would benefit from a cheaper fare, saving around £1 a trip as they switch to pay as you go (PAYG) Oyster or CPC
- As the cost of collecting such low levels of cash is high. TfL would save £24m a year by 2020 that would be reinvested into the transport network for the benefit of everyone
- If people don’t have enough credit on their Oyster card TfL is considering introducing a new Oyster feature that will allow passengers to make one more bus journey, helping them get home or to the nearest station or Oyster Ticket Stop. This negative balance on their card would be removed on the next successful pay-as-you-go top-up.
You can also find out more on TfL’s website here.