TfL have recently confirmed that cash will no longer be accepted on London buses from Sunday 6 July.
The decision to move to cash-free bus travel follows a drop in the number of people paying their bus fare in cash. Just over a decade ago, according to TfL, around 25 per cent of journeys were paid for with a cash fare. Today that figure is around one per cent and this is expected to fall even further with increased Oyster usage and the introduction of contactless payment cards.
To help prevent you being caught out during this transition, we would like to make you aware of some of the initiatives that TfL are putting in place during this process. These include:
- A new ‘one more journey’ feature on Oyster that will allow passengers who do not have sufficient credit for a bus fare, but who have a positive balance on their card, to make one more bus journey
- The Oyster Ticket Stop network has been subject to a review and additional locations added – particularly in outer London
- Refreshed guidance on vulnerable passengers will be provided to all 24,500 London bus drivers, ensuring that they will still be able to get on the bus if necessary
- A major information campaign that will launch in May to provide passengers with advice on the changes.
TfL state that removing cash fares from London buses will save £130m to 2022/2023, speed up boarding times, and ensure customers benefit from the best value fare for each journey they make.