Is the daily, weekly or monthly cap applied in a similar way to the way in which Oyster applies a cap?

There is currently no Monday to Sunday capping available on Oyster, and it is Monday to Sunday capping with Contactless, not weekly (for instance it doesn’t ‘roll’ i.e. Wednesday to Tuesday for example). There is no monthly cap on Oyster or Contactless. However TfL are planning to implement weekly capping on Oyster.