Mobile payments taking off for contactless commuting

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Finextra:

Long viewed as a gateway to mainstream acceptance of contactless cards, the London transport network appears to be providing a similar uplift for the mobile payments market, with one-in-ten contactless journeys on London's buses and tubes now paid for by the likes of Apple Pay and Samsung Pay. The latest figures from Transport for London detail over one billion journeys on the transit network using contactless cards, with almost £2 billion spent by commuters since the cards were first accepted in 2012.

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