Transport for London has announced that London’s black cabs will support contactless payments from next year.
This will see a slight rise in the basic fair that customers have to pay of 20p, this is the minimum fair that people have to pay and this is to cover costs of the transactions with payment providers.
The Mayor of London, Boris Johnson MP, said: `This is great news for the millions of people who use London’s world famous black cabs. This move will boost business for cabbies and bring the trade into the 21st century by enabling quicker and more convenient journeys for customers.’
Garrett Emmerson, TfL’s Chief Operating Officer for Surface Transport, said: `This is a very positive change for taxi drivers and for our customers. London is increasingly a cashless city, with people using cards to pay for all aspects of their daily life – including transport. We are seeing more and more people use contactless payments on our network, and mandating card payments in taxis will mean customers no longer have to consider how they might pay for a journey before getting into a taxi. It will also benefit drivers, who will see their services opened up to potential new business.’
As well as contactless payments, London’s black cabs will also be able to accept normal credit and debit card payments, this will be available from October 2016.
Source Transport for London