Micropayment Contactless Reader Solutions Have Global Reach ...

Micropayment Contactless Reader Solutions: OTI Subsidiary ASEC SA Receives Follow-On Order for Additional ...

From PR Newswire (press release) ... (OTI) (Nasdaq: OTIV; Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions for homeland security ...

... On Track Innovations Ltd. (OTI) (Nasdaq: OTIV; Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions for homeland security, micropayments, petroleum payments and other applications, announced that its wholly owned subsidiary, ASEC S.A., received a follow-on order for 1500 additional Verifone's Omni 3750 terminals with contactless reader solutions for micropayments to be located in one of the largest kiosk chains across Poland. The order follows an earlier announced initial order for 1000 terminals, and creates one of the largest infrastructure for contactless payments in the market, which can support additional applications to meet the needs of stores, hypermarkets, and other commercial enterprises. ...

Established in 1990, OTI (Nasdaq: OTIV, Prime Standard: OT5) designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, micropayments, mass transit ticketing, parking, loyalty programs and secure campuses. OTI has a global network of regional offices to market and support its products. The company was awarded the prestigious ESCAT Award for smart card innovation in both 1998 and 2000. Major clients include: MasterCard International, Atmel, BP, Scheidt & Bachmann, EDS, Repsol, and the Government of Israel.

Additional resources on contactless reader solutions for micropayment management ...

Emerging Payments: NFC technology, which complements our contactless-payment strategy ... and vending machine card readers that access ... from proprietary niche solutions to applications ...

Quarterly Report: File Format: PDF/Adobe Acrobat ... the transition from contact to contactless seamless ... that combine smart cards, readers,
related applications ... g Micropayment Solutions: Teaming up with financial ...

Smart Cards: can also operate through a reader terminal installed ... specifies similar characteristics for contactless cards ... By limiting to specific solutions, these standards ...

ONE MICROPAYMENT AT A TIME: with contactless readers and thePoS terminal software to the ... ... with easy-to-use, secure software solutions for ... ... The M4e reader uses software-defined radio ...