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TfL pays £1m for Oyster brand

Transport for London (TfL) has paid £1 million to buy the Oyster brand from the Transys consortium ahead of a renewed push to incorporate the contactless e-ticketing technology in mobile phones and bank cards. The Transys consortium has been running Oyster via a 17-year public finance initiative (PFI) contract since 1998. However, in August TfL [...]

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