johncrossley
Established Member
Yes, but if you buy an annual season paper ticket and lose it you have to pay for a replacement and only get (I think) 2 replacements a year, if you lose your smart card it gets cancelled, similar to a credit card and you get a replacement.
Fraud is also easy with a paper ticket, less so with a smart card
The letter you get from the TOC when you have lost your paper ticket is almost accusatory in tone.