Paragon ID has secured a new £2.2 million contract to manufacture Oyster Cards for Transport for London (TfL), the government body responsible for the transport system in Greater London.
The contract will see the Hull-based identification solutions specialist continue to produce the iconic smart cards throughout 2018.
Oyster cards are rechargeable smart cards used to easily pay for journeys on bus, tube, tram, DLR, London Overground, TfL rail, river bus and most National Rail services throughout the City.
Paragon ID is one of few ITSO certified smart ticketing specialists in the country with manufacturing facilities in the UK and across Europe.
John Wise, Technical Sales Director for Paragon ID, said: “We are very pleased to extend our relationship with TfL further and include them amongst our growing list of clients within the mass transit sector.
“Retaining our position as a manufacturer of Oyster Cards means that once again we are able to reaffirm that we are a market leading business in the smart ticketing industry.”
“Oyster Cards are one of the greatest examples of smart ticketing technology in the world, so to secure this order adds further credibility to what we do.”