On Track Innovations Ltd. (OTIV) Message Board

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Technology Stocks : On Track Innovations Ltd. (OTIV)

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From: JakeStraw	10/15/2012 9:53:37 AM
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OTI Receives $2 Million in Orders for NFC and Contactless Payment Readers for Use in the U.S. finance.yahoo.com Readers for More Than $500,000 Are Expected to be Delivered in 2012 and the Remainder in 2013 With its SCI OEM integrated solution and the Saturn outdoor and indoor line of readers, OTI's NFC and contactless payment readers provide an easy, cost-effective plug-and-play solution for businesses across the globe. These lines of NFC and contactless payment readers support the increasing adoption of NFC payment technology by retail stores, vending machines and other points of purchase. OTI's NFC and contactless payment readers are certified by major credit card associations -- including MasterCard, Visa, American Express, and Discover -- for their contactless programs.

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