Israeli payment solutions provider On Track Innovations (OTI) has inked a distribution agreement with Secure Retail for its payment solutions for the UK unattended market.
Secure Retail will now distribute all OTI’s payment products and solutions in the UK.
This includes Europay, Mastercard and Visa (EMV) certified solutions, which allows operators to accept contactless or cashless payments for their unattended business.
OTI CEO Yehuda Holtzman said the partnership will enable the company to expand its integrated contactless and cashless solutions business in the UK and beyond.
Holtzman added: “We have already deployed hundreds of thousands of payment solutions worldwide to self-service kiosks, unattended vending, electric vehicle charging stations, and mass transit validation systems and we are happy to continue to do so in partnership with Secure Retail.”
Secure Retail managing director David Russel said that OTI’s range of hardware and software will allow the company to target new and existing unattended payment sectors.
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“In the current environment, when cashless solutions have never been more important, we are really excited about the opportunity to be partnering with OTI,” he added.
OTI provides near field communication technology-based contactless payment solutions for unattended markets such as micro-markets and vending machines, entertainment and gaming, self-service kiosk, ATM, Mass Transit Ticketing Validation, and fuel payments.
In 2018, OTI rolled out a cryptocurrency payment solution for the micropayment market and automated machines.
In 2016, the company launched a wearable payment device that supports contactless payments technology, gyro-based motion control, and smartphone notifications.