Wave and Pay technology coming to London


	Wave and Pay technology coming to London

newmo

10-7-2007 4:39 AM

302 views

tags:

technology, london, transportation, money

newmo says:

I am a big fan of the cash less Oyster ticket for fares in London - it can disadvantage tourists though. the wave and pay seems interesting - the only bit I don't like is the credit card aspect. I cut mine up 5 years ago.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/593fd6b7-992e-478a-9ff2-b477649465ba/BDD0CD3F-8F91-4D85-9AFF-68CA93CB47E1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.tfl.gov.uk/corporate/media/newscentre/5982.aspx" href="http://www.tfl.gov.uk/corporate/media/newscentre/5982.aspx" style="font-size: 11px;">www.tfl.gov.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.tfl.gov.uk/corporate/media/newscentre/5982.aspx"><P> This unique 3-in-1 card combines Oyster with credit card and cashless payment facilities.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.tfl.gov.uk/corporate/media/newscentre/5982.aspx"><li style="margin-left:16px;padding-left: 0px;">Oyster - cardholders will enjoy the benefits of Oyster, meaning cheaper, easier and more convenient travel on the London Transport  network, using Oyster exactly as they do today, by pre-loading pay as you go and/or a Travelcard or Bus Pass. The Oyster functionality is entirely separate from the credit card account, but sits on the same card </LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.tfl.gov.uk/corporate/media/newscentre/5982.aspx"><li style="margin-left:16px;padding-left: 0px;">Cashless - New Visa "wave and pay" (TM) technology for speedy purchases under £10 without the need to use Chip and PIN. These transactions are listed on the cardholders credit card statement </LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.tfl.gov.uk/corporate/media/newscentre/5982.aspx"><li style="margin-left:16px;padding-left: 0px;">Credit - Standard Chip and PIN credit card facility for larger transactions (over £10)</LI></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/BDD0CD3F-8F91-4D85-9AFF-68CA93CB47E1/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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