Credit Cards - Wave to pay - 28/10/2009

It has been revealed that, under a new government proposal, motorists will be able to pay to park their cars by waving a debit or credit card at a meter.

The initiative, by Westminster Council, comes as the Government moves to encourage the use of cashless payment for transport nationwide.

The new technology means drivers will no longer have to carry around bulky change or remember their pin number to pay to park.

Instead they will use contactless credit cards, which they will swipe across a magnetic reader fitted on 20 machines in the West End early next year.

The Department for Transport welcomed the Westminster initiative. “This parking trial is a positive step in the direction of seamless travel,” a spokesman said.

“The recent Smart and Integrated Ticketing consultation predicts that “wave and pay” technology will play an important role in the future of integrated city-wide transport schemes across the country,” they said.

Bookmark with:
  print Print Preview   email E-mail to a friend
 
Comments
Not comments have been posted yet.
 
Do you have something to say? (maximum comment length of 250 characters)

Post your comment
 
 
 
Related News
  08/12/2009 - FLA advices customers to keep an eye on finances this Christmas. The Finance & Leasing Association (FLA) has recently offered new top tips for Christmas...
18/11/2009 - Using Credit Cards abroad can add 2.99% to charge, warn experts. Consumers using their credit card on holiday should be wary of extra costs that...
11/11/2009 - Britons slow in repaying credit card debts. New research has suggested that Brits are not planning to pay back the debt...
 
Related Guides
  Choosing the right reward card. A guide to Credit Cards Credit Cards explained Which card is right for you Choosing...
Which card is right for you?. A guide to Credit Cards Credit Cards explained Which card is right for you?...
Credit cards explained. A guide to Credit Cards Credit Cards explained Which card is right for you?...
 
Related Articles
  How does online credit card fraud happen?. The word money no longer conjures up images of green bills and coins in...
Credit Card: The Convenient Way to Shop. A credit card is a form payment in the shape of small plastic with...
Reward Credit Cards — Cards that earn rewards on all your credit card purchases. Reward credit cards have taken the credit card industry by storm, much in the...
Best Buy Credit Card
0% Balance Transfer Buy Now
Cash Back Cards Buy Now
Gold/Silver Cards Buy Now
Platinum Cards Buy Now

Credit Card News
29/12/2009 - Brits advised to switch credit cards this festive season to take advantage of many deals. British consumers are being advised to switch credit cards...
Read More
22/12/2009 - FLA calls on government to urgently review non-bank lending markets. The Government must move quickly to follow up its...
Read More
15/12/2009 - Barclays predicts record card spending in December. A record amount will be spent on credit cards...
Read More
08/12/2009 - FLA advices customers to keep an eye on finances this Christmas. The Finance & Leasing Association (FLA) has recently offered...
Read More
More News >>