Apple Pay powered over three million journeys on London transportation system since launch

Over three million journeys have been made using smartphones on the London transportation system ever since Apple Pay was launched in UK.

As per data released by Transport of London, journeys that are paid for via smartphones have increased seven-fold ever since Apple Pay was launched. Over 200,000 smartphones have so far been used in the last six months.

On a daily basis, over 35,000 such journeys are made on the system which includes trains, the Underground and buses. Smartphone-based journeys also constitute 3.5 per cent of all contactless journeys and 1 per cent of all pay-as-you-go journeys.

Given that Apple Play is compatible with the Apple Watch and iPhone 6, 6 Plus, 6s and 6s Plus, there are hundreds of thousands of users in London who use the app to make contactless payments on a daily basis. The number is set to multiply very soon as more than 1,000 unique smartphone users use the transportation system every day.

"The launch of Apple Pay in the UK saw the number of mobile transactions increase sharply..  Overall, in the second half of 2015 more than 3.2 million journeys were made using mobile devices. The share of mobile devices in overall contactless use has been growing and stood at approximately 3.5 per cent in December.

Apple Pay’s launch in July saw a flurry of new mobile devices used on our system, followed by later spikes as issuing banks were added to the Apple Pay system. Overall, the growth of new devices has stabilised and is similar to that for cards," said the Commissioner's report on major issues and developments since December in the Transport of London.

Apple Pay was launched in July last year and was supported by major banks like HSBC, Nationwide, American Express, First Direct, Natwest, RBS and Ulster Bank. The payment system is also compatible with high street retailers like Costa Coffee, Starbucks, Waitrose, Nando's, Subway, KFC and many more.

 

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