Banks May Regret Oyster e-Money Fiasco
Silicon.com shares its opinion about the failure of expansion plans for the Transport for London Oyster card and blames the banks for being very short-sighted.
The banks certainly don't come out of this blameless. Fears over cannibalising their debit card business and interchange fees have doubtless put the banking community off. But surely this is a spectacularly short-sighted move.





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