The Anonymous Widower

Should Oyster Become A Bank?

This suggestion was put forward by the Social Market Foundation in a report yesterday.

Oyster is a trusted brand and it handles billions of transactions in a year, so expansion into a contactless bank, would probably be something that could work.

I also get better information from my Oyster card than I get from my debit or credit card. I can see my last journeys at most ticket machines in London, but can I find out the last five transactions on my debit card at a cash machine? I don’t think so!

So perhaps the other side of this suggestion, is should bank cards be more like Oyster?

March 4, 2014 - Posted by AnonW | Finance, Transport/Travel | Banks, Oyster Card