TfL claims fewer than 1% of bus fares paid in cash

Transport for London (TfL) have launched a consultation to seek customers' views on ending cash fare payments on the capital's buses.

According to the company's figures:

  • Fewer than 1% of bus fares are now paid in cash
  • Oyster pay as you go and contactless payment cards offer cheaper fares - currently paying £1 less than cash fare
  • Faster boarding times and savings generated for reinvestment in the transport network

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Plans to end cash fares on buses

Transport for London (TfL) has launched a public consultation seeking customers' views on proposals to stop cash fare payments on London buses in 2014.