It could mean you could be charged twice for your fare, for example if you have a weekly travelcard loaded on your Oyster card and when getting on the bus you are charged on your bankcard.
TfL said every day 36, 000 people board a bus and find they have insufficient funds on their Oyster card to pay for their journey and that at least 500 people a day try to pay their fare with a high denomination note for which the driver does not have change.
Among the items discussed were how to improve competition between the city's other bus operators and the introduction of a "smart ticketing" system similar to London's Oyster card, which would work with different providers.