Barclaycard wins new TfL contract

Barclaycard has secured a new ten-year merchant acquirer contract with Transport for London (TfL). In a statement issued yesterday (20 February), Barclaycard said: “The renewed partnership will see Barclaycard continue to play a key role in delivering one of the UK’s largest payments infrastructure projects by supporting TfL as its network grows beyond London.

“This includes providing contactless payment solutions for the Elizabeth line, which will see services running from Reading and Heathrow in the west to Shenfield and Abbey Wood in the east by December 2019.”

According to Barclaycard: “The full roll-out of contactless payments on TfL in September 2014 has been a driving factor in facilitating faster, easier and safer travel across London. As TfL’s merchant acquirer, Barclaycard has processed over 278 million contactless transactions – driven by journeys made on bus, Tube, tram, DLR, London Overground, TfL Rail, Emirates Air Line, River Bus and most National Rail services in London every day.”