Interesting Fact - Transport
London buses are no longer accepting cash payments for journeys*.
(There are different ways to pay the bus fare:
In fact, according to the Payments Council, cash payments make up the majority of transactions in the UK - just. Cash transactions account for 52%, but this is down from 58 per cent in 2009.
For now cash is still king, but with virtual wallets, and mobile payment systems, the march of a cashless society seems to be unstoppable.
(There are different ways to pay the bus fare:
- An Oyster card with pay as you go credit, Travelcard or Bus & Tram Pass
- A Visitor Oyster card
- A contactless payment card to pay as you go
- A Day Travelcard
In fact, according to the Payments Council, cash payments make up the majority of transactions in the UK - just. Cash transactions account for 52%, but this is down from 58 per cent in 2009.
For now cash is still king, but with virtual wallets, and mobile payment systems, the march of a cashless society seems to be unstoppable.
Stop the world, I want to get off.)
*That said, legally, they are not allowed to refuse a cash payment.
*That said, legally, they are not allowed to refuse a cash payment.
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