Article Highlights

Key Takeaway:

The winning bid for the fast-tracked procurement of an open-loop payments system by Barcelona transit authority ATM came in at €3.28 million (US$3.25 million). That is less than the €4 million Covid relief grant ATM is using for the project. ATM Barcelona is rolling out open loop on an expedited basis using EMV-enabled secure-access modules, or SAMs, for its closed-loop payments terminals.

Key Data:

TransLink is adding acceptance of cards and credentials supporting Canada’s domestic debit scheme Interac to more than 5,000 fare terminals. This project will cost an estimated CA$2.1 million (US$1.6 million), including taxes. By comparison, the ATM project bid of just under €3.3 million calls for purchase and installation of 15,500 SAMs. That bid, however, does not include value-added tax, which is 21% in Spain. Including VAT increases the agency’s budget to a little more than €4.8 million.

Organizations Mentioned:

ATM (Barcelona)
• Comercia Global Payment
Planeta Informática

The winning bid for the fast-tracked procurement of an open-loop payments system by Barcelona transit authority ATM came in at €3.28 million (US$3.25 million), Mobility Payments has learned. That is less than the €4 million Covid relief grant ATM is using for the project.

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