Leader in cashless payment solutions says NFC has got a booster dose

Oti (On Track Innovations, Ltd.) executives, Shlomi Eytan, Chief Sales and Marketing Officer, and Ori Reshef, Product Line Manager, share their views with LetsTalkPayments team about the current trends in contactless payments.

Topic: What are the solutions that oti offers to the market?

Response: oti was founded 24 years ago in Israel. We are one of the first pioneers in contactless smart-card technology.

Throughout our 24 years in business we have gathered knowledge and expertise in contactless and NFC technologies. Today, we have approximately 100 patents protecting our unique intellectual property.

Over the years, oti has implemented its underlying technologies into a variety of payment solutions: from card readers to contactless payment solutions in self-service categories such as vending machines, transit ticketing, parking, cashless fuel fill-ups and more. If you look at oti today, you’ll see we are not only a technology provider, but also a full solutions provider in the cashless payment market.

Topic: In which geographic regions has OTI increased and decreased focus?

Response: We have customers in geographies all around the world, with prominent presence in the United States, Poland, South Africa, Israel, Hong Kong and ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 30 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.