ROSH PINNA, Israel, Feb. 12, 2018 — On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, announced today a continuing partnership with Apriva, a technology company providing an adaptive platform for omnichannel payments and secure mobile communications. Together they will continue to focus on the ever-growing unattended payments kiosk market with this ingenious pre-integrated payment solution.
OTI’s best in its class hardware and software combined with Apriva’s adaptive payment platform brings our customers unmatched value, flexibility, and ease of integration, saving thousands of dollars and many months in development time and certification costs.
“The addition of pre-certified EMV processing to the OTI/Apriva Kiosk solution brings incredible value to both our current and future customers,” said Shlomi Cohen, CEO, OTI. “This timely and relevant solution is easy to install, even for kiosk solution providers with no previous cashless payment experience.”
Apriva’s payment solutions are built on a secure technology foundation that has been deployed by the US Intelligence Community, Department of Defense (DoD), and is compliant with the payment industry’s standards body, the PCI Security Standards Council.
“This partnership delivers an affordable, semi-integrated EMV solution for self-service markets,” said Scott Dowty, chief revenue officer at Apriva. “Kiosk retailers, micro-markets, vendors and other self-service merchants can increase their revenues by accepting more forms of cashless payments, easily integrated via Windows or Linux SDK, and reducing their PCI scope through end-to-end encryption (E2EE).”
The Interactive Self-Service OTIKiosk Payment solution is available in the US through our Las Vegas-based distributor, Unattended Card Payments Inc.
Formed in 2003, Apriva is a technology company providing an adaptive platform for omnichannel payments and secure mobile communications. Our proprietary-built systems meet the exacting security and reliability requirements of financial services providers, commercial enterprises, government entities, and public service sectors. Through its two operating groups, Apriva Payments, and Apriva Mobile Security, the company offers fully-managed, end-to-end security solutions supporting commerce and communications. For more information, visit www.apriva.com.
On Track Innovations (OTI) is a global leader in the design, manufacture, and sale of secure cashless payment solutions using contactless NFC technology with an extensive patent and IP portfolio. OTI’s field-proven innovations have been deployed around the world to address cashless payment and management requirements for the Internet of Payment Things (IoPT), wearables, automated retail and petroleum markets. OTI distributes and supports its solutions through a global network of regional offices and alliances. OTI is the proud recipient of the 2017 AI Award for Best Cashless Payment Solutions Provider – Israel. For more information, visit www.otiglobal.com.
ORIGINALLY PUBLISHED ON BUSINESS WIRE