Kings Cross - site visit
In message
, at
14:04:56 on Sat, 24 Mar 2012, Owain
remarked:
It's regarded as a banking facility (or e-money), if they can be spent
with a third party. Most gift cards are tied to one shop or product.
However the regulations allow you to get a refund of the stored value
on your Oyster.
So all that's needed is a machine (A) which you touch your Oyster
against and (if you have stored PAYG value) it gives you a 20p or even
a 50p coin as a partial refund.
That's a very clever idea, but has a drawback - it would allow thieves
to "cash in" on lost/stolen cards.
--
Roland Perry
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