EE's Cash On Tap App Takes You Through London, All You Need Is Your Mobile Phone

"Photo by DAVID ILIFF. License: CC-BY-SA 3.0" "Photo by DAVID ILIFF. License: CC-BY-SA 3.0" "Photo by DAVID ILIFF. License: CC-BY-SA 3.0"
  • For Londoners, travelling on the Underground, DLR or Overground networks has just got easier. EE, which runs UK's largest mobile network, has recently added these transport networks onto their list of services that can be paid using EE's Cash on Tap which allows users to make contactless payments using their mobile devices. The service will be launched on the 16th of next month under the TfL contactless program and will be available immediately on over 500,000 customers' handsets. EE said that it is the first to launch such as service on Underground, DLR or Overground networks. At present, the Cash on Tap is available for making contactless payments in more than 300,000 shops in the UK including Marks and Spencer, McDonald's, Caffe Nero, Pret A Manger and Greggs.
  • Adding these city transport networks, which are some of the world's busiest, will enable thousands of commuters to wave their mobile devices to get through the gates and board the coaches without having to top up their travel cards or look for coins and cash to purchase tickets at the stations. 
  • EE's Cash on Tap is issued by PrePay Technologies Limited pursuant to license by MasterCard International Incorporated. Its Cash on Tap app is available on Google Play store and can be downloaded on a range of compatible Android devices including the Samsung Galaxy S5, HTC One and Sony Xperia Z2. According to EE, apart from facilitating payments, the Cash on Tap avoids the issue of card clash where gates may not open if customers have more than one contactless card in their purse or wallet. EE also said that the new service comes with daily and weekly payment cap that ensures customers won't pay any more than using an Oyster card, which is used to pay for travel charges on these transport networks.

As more and more people benefit from the simplicity, convenience and security that mobile contactless payments offer, it’s rapidly becoming clear that the days of the physical wallet are fast becoming numbered. Users of the world’s greatest tube network will shortly benefit from the latest in mobile payment technology, allowing them to use their phone to pay for their daily commute."

-   Gerry McQuade, Chief Marketing Officer, EE  

Executive Editor of The Fast Mode | 5G | IoT/M2M | Telecom Strategy | Mobile Data Innovations 

Tara Neal covers stories on strategies and initiatives in the Digital Telco space, and anchors the 5G and IoT/M2M verticals on the publication. Tara holds a First Class Honours in BSc Accounting and Finance from The London School of Economics, UK and is a CFA charterholder from the CFA Institute, United States. Tara has over 20 years experience in technology and business strategy.

Follow her on Twitter @taraneal11, LinkedIn @taraneal11, Facebook or email her at tara.neal@thefastmode.com.

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