As of today, London's buses accept contactless debit, credit or charge cards to pay for fares. Passengers on the city's 8,500 vehicles will be able to buy tickets by swiping their card by a reader.

Shashi Verma, TfL's director of customer experience, says: "Making it easier and more convenient for people to travel around London is a key priority for us and offering contactless payment on London's buses, alongside Oyster, is the first step in becoming the world's first transport network where customers can travel between bus, tube and rail by touching in with a contactless payment card. Bus passengers will realise significant savings by swapping from cash to contactless payment card and getting the cheaper single Oyster fare and we look forward to seeing the number of people using this payment option increase over the next year as the banking industry issues more contactless cards to their customers."

The aim is that, by the end of next year, customers will also be able to use a contactless payment card to also pay for travel on London Underground, DLR, London Overground and trams and daily. Discussions are also underway with the train operating companies that serve London about accepting these cards on National Rail services where Oyster is currently accepted.

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