If you buy a transit pass or use their app you can get significant discounts.
If you buy a transit pass or use their app you can get significant discounts.
The Oyster system in London is a classic example of this - originally you needed to load money onto a separate card, now you can do it with your bank card instead, but it still all works the same. I believe it's also the cheapest option - the daily and weekly caps are cheaper than their paper ticket equivalents. You can probably get better deals in specific cases, but generally the Oyster system is the way to go. I know they're slowly bringing that concept in in other cities in the UK as well, and there are schemes around Europe that use an app with GPS as the "tap on, tap off" mechanism.
At least in London it stops there, i.e. the automatic capping doesn't do longer than weekly capping. Also the weekly capping only runs on a fixed Monday to Sunday period, whereas an individually bought weekly travelcard can start on any day of the week.