OTI Partners With Vend Access Card Access Services To Provide Cashless Payments In Australia

ROSH PINA, Israel -- NFC payments specialist On Track Innovations Ltd. said it has entered the Australian cashless payments market in partnership with that country's Vend Access Pty Ltd. and Card Access Services Pty Ltd.

Vend Access will distribute OTI's OtiMetry solution, which includes NFC-based cashless readers and a telemetry system. Card Access Services will provide the gateway and processing services for OtiMetry systems installed and operated by Vend Access.

OtiMetry incorporates telemetry, sales, operations and marketing into a system suite offering real-time management.

"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 OTI chief executive Shlomi Cohen.

Vend Access expects to begin commercial installations of the integrated solution in the fourth quarter of 2016. It is targeting vending machines, laundromats, kiosks, car washes, gaming and other self-service markets.