Oyster e-money [was: LT Museum Reopens]
On Sun, 25 Nov 2007, Mizter T wrote:
On 24 Nov, 20:18, Tom Anderson wrote:
On Fri, 23 Nov 2007, Mark Brader wrote:
Tom Anderson writes:
But do they take Oyster?
You may think you're joking,
I wasn't! It would be easy enough to do, i'd have thought, and a good
wheeze.
I think it would fall foul of regulatory issues though. I understand
that if Oyster were to be used as a cashless payment system (for non-
transport services) then it would have to be regulated by the FSA as if
it were a bank - whilst as things stand, Oyster can only be used as an
electronic ticket for travel so it doesn't fall within the scope of this
regulation.
I've heard this story too. Not totally convinced by it. Especially in this
case, where, since TfL operate the museum, the card is being used to pay
TfL, exactly as with travel.
tom
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20 Minutes into the Future
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