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"Computing has also learnt that Transport for London (TfL) has delayed trials of its Oyster e-money project while it works with the financial services industry and the smartcard operating consortium Transys to define the scheme's requirements.
TfL had planned to appoint a technology partner for the e-money project by the end of last year and commence trials in late 2005 or early 2006 (Computing, 28 July 2005).
Oyster e-money will allow commuters to use the smartcard to pay for low-value goods and services at newsagents, fast-food outlets, supermarkets and parking machines.
A TfL spokesman told Computing work is still ongoing and no major announcements are due.
"Our main focus is on finding the right way forward rather than hitting the timescale announced last year, he said."