On Track Innovations Ltd. (OTIVF)

Overview

On Track Innovations Ltd., along with its affiliated companies, specializes in the global creation, development, and distribution of cashless payment technologies. The organization operates primarily in two distinct sectors: Retail and Petroleum. The firm offers a comprehensive suite of products and services designed to enhance and streamline cashless payment solutions, including payment readers, control units, terminals, management software, and a "Payment System as a Service" (PSaaS) offering. Notable advancements include integration of telemetry, sales data, and operational management, provided through their innovative platforms, enabling users to gain immediate online oversight and alerts.

Products and Services

• OtiMetry System: A cloud-controlled solution that combines telemetry, sales data, and operational management, offering users instantaneous online oversight and alerts.
• TRIO-IQ: A dedicated gateway designed specifically for telemetry and EMV payment processing, streamlining transaction capabilities while ensuring security.
• TRIO Device: This device facilitates payment installations in kiosks and vending machines, making transactions seamless for users in a self-service environment.
• UNO-8 and UNO-PLUS: Contactless readers suited for unattended retail scenarios like ATMs, tollbooths, access controls, and public transport validators, enabling convenient transactions.
• OTI TeleBox: A machine-to-machine (M2M) controller that aids communication between devices, enhancing operational efficiency.
• GoBox: Another M2M controller that connects machines with cashless readers and remote servers, ensuring smooth operation and data flow.
• Cloud-based Terminal Management System: This system empowers operators with real-time control and insights to manage their fleet of terminals remotely, optimizing operational performance.
• Cloud-based Vending Management System: Specialized tools and systems designed to analyze and manage vending operations effectively, boosting performance and decision-making.
• Payment Service API: A robust API that supports the seamless integration of various payment services, enhancing flexibility for developers and businesses.
• Closed-loop Payment Card Solutions: Customized payment card solutions tailored to specific operational needs, improving transaction efficiency and user experience.
• Mobile Payment Application APIs: APIs designed for integration with leading mobile payment applications, enhancing compatibility and user convenience.
• OEM Payment Solutions: Original Equipment Manufacturer solutions that provide tailored payment technologies, meeting unique business demands.
• Compatibility and Certification: OTI's readers are certified by numerous card associations and support major mobile payment platforms, including Apple Pay, Google Pay, and Samsung Pay, as well as MIFARE and FeliCa standards.