THE new pound coin is causing chaos as the 12 sided coin is not accepted in machines up and down the country, despite its arrival being announced three years ago.
Rail travellers could be amongst the worst affected when buying tickets as more than half of the providers have said they have not updated their ticket machines.
Of the 18 rail providers in the UK, 11 have said some of their machines have not been updated in time for the change.
Ticket machines up and down the country are being affected by the new £1 coin (archive image)
The new 12-sided coin, which is lighter and thinner than the original round coin was originally announced in the 2014 budget and becomes legal tender on March 28.
Providers such as Southern Rail, Virgin East Coast and Transport for London (TfL) have all said their machines will not be ready for the new coin.
A stunning view of the Queen's coins Mon, March 27, 2017
Commemorative coins released by The Royal Mint depict Queen Elizabeth II's reign since 1953.
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Queen Elizabeth II has become Britain's longest reigning monarch as of September 9th 2015
Some ticket machines are unable to accept the new one pound coin
Meanwhile, Greater Anglia, C2C Rail, Virgin West Coast, Heathrow Express, have said all their machines will accept the new coin.
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A spokesman for the Rail Delivery Group, which oversees National Rail, told Express.co.uk: “Just as they did with the new fiver, train companies continue to work with their ticket machine suppliers to make sure that machines will accept the new pound coin, and will be fully ready for when the old pound coins cease to be legal tender in October.”
A spokesman for Virgin East Coast said it was working on updating its machines, but said in the meantime customers could exchange their new pound coins for the old ones with staff.
TfL had around 1,000 ticket machines in operation across the Tube network and has estimated that around five percent of those will not be ready on time.
Chief technology officer at TfL Shashi Verma said: “There are some machines that can’t be modified – around 50 of our total network of 1,000 machines.
“They will be taken out of service in due course and replaced with new ones. They are in stations where there are alternative machines.
A passenger buys at ticket at Victoria station (archive image)
“We foresee a smooth transition. With any changes there are always a few issues but we don’t expect major problems”.
The modifications to the machines is expected to cost TfL about £250,000.
Car drivers will also be affected. It is estimated one in ten street parking meters are not ready.
The Royal Mint
The new one pound coin comes into circulation today
About a quarter of the UK’s 100,000 pay and display machines in car parks won’t be updated by next week, the British Parking Association said.
National Car Parks Ltd (NCP) are yet to respond to a request to Express.co.uk.
Vending machine operators are also not prepared. Despite a £32m industry effort to upgrade Britain's 500,000 vending machines, 15 per cent of them still unable to accept the new coins.
While most UK supermarkets are capable of dealing with the new coin, Tesco said it will have to unlock trollies at about 200 stores as they cannot accept the new coin.