OTI enters Australian market to provide NFC-payment acceptance at unattended machines
On Track Innovations Ltd., a global provider of near field communication and cashless payment products, recently announced its entry into the Australian cashless payments market in cooperation with Vend Access Pty. Ltd., a provider of technology and products for vending and unattended machine operators in Australia, and with Card Access Services Pty. Ltd., a leading payment gateway and processor for Australian and international businesses.
Vend Access will distribute OTI's otiMetry product which includes advanced NFC-based cashless readers and a state-of-the-art telemetry system. Card Access Services will provide the gateway and processing services for otiMetry systems installed and operated by Vend Access.
OTI's otiMetry makes any vending and self-service operation smart and interactive by uniquely incorporating telemetry, sales, operations, and marketing into an affordable solution with real-time management capabilities, according to the announcement.
"Vend Access' practical experience matched with Card Access Services' e-payment management from OTI's terminals and otiMetry will improve earnings for vending owners," Bill Chronarakis, general manager of Vend Access, said in a statement.
"Entering the Australian market marks another milestone in our approach of building an extensive distributors network that provides intelligent and cost-effective solutions for the unattended market," said Shlomi Cohen, OTI CEO. "The close cooperation with Vend Access and with Card Access Services, which have over 28 years of experience in the payment industry, and their outstanding support and customer oriented approach, ensure that Australian self-service machine operators will be getting a reliable and comprehensive solution at an affordable price."