11:33, 4 September 2008 Page views 308 views

TfL Breaks Its Contract with TranSys

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Transport for London (TfL) officially cancelled its contract with TranSys, operator of Oyster, London transit payment system, five years earlier than was previously agreed. The annual value of the contract was 100 million pounds (190 million US dollars). It should be reminded that currently there are over 6 million Oyster prepaid contactless cards in circulation.

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