Peter Matthews on how Oyster travel cards inspired his corporate smartcard firm, which lets customers pay with a swipe. Swiping his Oyster travel card at Victoria underground station, Peter Matthews was struck by how simple it was to pay for a journey. That system of money transfer could work elsewhere, he thought.
© Times Newspapers Ltd 2012
Could a simple loyalty card help to save our local markets?
A matter of days since it was announced Lancaster Market, which started in the 12th century, looks likely to close, another local market is fighting back.
The owners of Bolton Market have launched what they say is the UK's first market-based loyalty smart card.
The scheme, which is being piloted for six months across 10 traders at the market in Greater Manchester, uses contactless technology to deliver rewards to those who sign up.