OTI RFID Supports Discover Network Contactless Payment

OTI receives certification for its RFID reader in support of the contactless payment solution for the Discover Network. ...
... "Discover Network, a business unit of Discover Financial Services and Morgan Stanley, announced that it has certified the Saturn 5000 contactless reader developed by On Track Innovations (OTI) (NASDAQ: OTIV), a global leader in contactless microprocessor-based smart card solutions, for use with Discover Network's contactless payment application. The certification process ensures that the Saturn 5000's reader technology is able to support Discover Network's proprietary contactless payment solution. Additional OTI readers are in the certification process.
Compatible with major POS terminal providers and acquirers, Saturn 5000's enhanced features allow the reader to support multiple application programs and read a variety of payments sources, including credit cards and key fobs and cell phones. The console's plug-and-play design and small footprint facilitates quick upgrades of existing POS terminals to accept contactless payments. And because the reader faces the customer, the Saturn 5000 enables easier and faster payment transactions. Additionally, OTI's patented matched antenna technology provides more effective power consumption, reliable and stable communications, and additional levels of security and encryption throughout the communication link. " ...
Via Discover Network: Discover Network Certifies Oti Card Reader For Contactless Payment System, OTI's Saturn 5000 to Support Discover Network's Fast, Secure, and Simple Contactless Payment System Worldwide
Labels: antenna, antenna-design, antenna-technology, card, card-reader, contactless, contactless-payment, contactless-smart-card, credit-card, data, design, discover-network, itservices, morgan-stanley, network, oti, point-of-sale, radio-frequency-network, reader, rfid-application, rfid-card, rfid-certification, rfid-design, rfid-reader, rfid-sources, rfid-technology, rfidsystem, security, services, smart, smart-card, solution, system, technology

