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| Topic: |
English
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| Number of pages / Number of words: |
5 / 1237 |
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Transport for London says in the three years since it introduced Oyster, the cards now account for three out of four journeys on the underground and buses. Cash payments for tickets have fallen to just 5%. It has helped to boost usage with differential pricing: tickets bought for cash cost a lot more than using a smart card...
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If the fees for using smart cards and mobiles were low enough, cash would be more expensive to take, so it might well attract a surcharge.
Americans prefer to use plastic for their purchases. Cards account for more than half of all transactions, up from 29% a decade ago, according to Nilson Report, a trade publication...
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