Article Highlights

Key Takeaway:

Large Spanish processor and acquirer Comercia Global Payments is believed to be the only bidder for a fast-tracked project by Barcelona transit authority ATM to roll out an open-loop payments option for customers. The transit agency is funding the project with Covid relief money, which must be spent by the end of 2023.

Key Data:

The estimated €4 million (US$4.1 million) project would buy and install 15,500 “account-based ticketing secure-access modules,” or “ABT SAMs,” to support such credit and debit brands as Visa and Mastercard on ATM’s closed-loop terminals.

Organizations Mentioned:

• ATM (Barcelona)
• Comercia Global Payments
• CaixaBank
• Global Payments
Planeta Informática

Large Spanish processor and acquirer Comercia Global Payments is believed to be the only bidder for a fast-tracked project by Barcelona transit authority ATM to roll out an open-loop payments option for customers, Mobility Payments has learned.

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