The common stored value ticket was replaced by a contactless smart card that lead to the development of what in London?
Common stored value ticket A common stored value ticket was a plastic magnetically sensitive card used for paying fares on the MTR and KCR railway systems in Hong Kong from 1984 to 1999. It was also used on Citybus and Kowloon Motor Bus for some MTR and KCR feeder bus services. The system was replaced by the Octopus card system in 1997 and phased out on 2 January 1999. The MTR and KCR have continued to issue magnetic strip cards for single-journey and souvenir tickets.
Contactless smartcards on the railways of Great Britain Contactless smartcards on the railways of Great Britain