Sunday, 30 May 2010

How Pre-paid cashless can significantly improve your profit every year.



Almost £30m has been left unused on Oyster pay-as-you-go (PAYG) for at least a year, the BBC has learned.

A total of 16.5m PAYG cards sat idle during the year from April 2009 to April 2010. The average amount on each card was £1.80.

Transport for London (TfL) says no card is deemed as expired and users can always claim the balance back.

The smart cards are used to pay for travel in London. There are plans to roll out similar schemes across the UK.

Oyster cards can be topped up for use on buses, tubes and trains across the capital.

Last year alone, 31,000 PAYG cards were issued and topped up but never subsequently used, even though they held............Click here to read the full article from the BBC News website



Consulting Smart Ltd provide specialist consultancy on the design and deployment of smart card and NFC technologies including PrePaid and other payment applications. For more information on how we can help your organisation realise the full benefits please see www.consultingsmart.co.uk or email us at info@consultingsmart.co.uk

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