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General Purpose Cards on London Transport: Closer Than You Think

Theodore Iacobuzio |

I am old enough to remember when New York City’s MetroCard was a revolutionary device, replacing “tokens” with a mag stripe (it wasn’t a chip, but that’s another story, and, yet and still, it was digital). There was some heat and noise around opening up the MTA to general purpose cards. It looks like London might be stealing a march on New York. Stay tuned.

Topics: Credit, Debit/Prepaid, Economic Outlook, Mobile, Payments Strategy

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