Our vision is to strengthen our global presence with innovative solutions and
provide our customers with the best possible support in superior service and reliable
advanced products.
OTI continually strives to discover the technology of the future and keep abreast
of new developments in the fintech marketplace. At this time, we are trying
to develop Bitcoin capability in the Crypto-currency marketplace and we intend
to become Bitcoin acceptable in transactions via NFC, Bluetooth or QR code.
Our IP portfolio includes registered patents and patent applications worldwide.
Since our incorporation in 1990, we have built an international reputation for
reliability and innovation, deploying many solutions for unattended retail,
mass transit, banking, medical smart card, Internet of Payment Things, or IoPT,
and the petroleum management industries.
We operate a global network of regional offices, distributors and partners
to support various solutions deployed across the globe.
We focus on our core business of providing innovative cashless payment solutions
based, among other things, on our contactless NFC technology.
We continue to focus our efforts to further develop new and unique product
solutions, including by the introduction of our new products and solutions for
the unattended payment market and IoPT technology.
We were incorporated under the laws of the State of Israel on February 15,
1990, under the name of De-Bug Innovations Ltd., with unlimited duration. Our
name was changed to On Track Innovations Ltd. on July 8, 1991. We are registered
with the Israeli Registrar of Companies, under registration number 52-004286-2
and our Ordinary Shares are traded in the Nasdaq Capital Market, or Nasdaq,
under the symbol OTIV.
OTI Readers – UNO + TRIO
We supply NFC and contactless payment reader products and solutions. Our products
and solutions are approved by Underwriters Laboratories, Inc., or UL, and the
U.S. Federal Communications Commission, or FCC, and certified by MasterCard
TQM (Terminal Quality Management). Our reliability and performance are based
on more than a quarter of a century of experience with NFC and contactless solutions.
Our readers are certified by the leading card associations, including, amongst
others, EMVCo, Visa, MasterCard, Amex and Discover Interac, and are compatible
as well for use with various NFC mobile payments solutions such as Apple Pay™,
Google Pay™ (previously known as Android Pay), Samsung Pay™, MIFARE™,
FeliCa™ and others. EMVCo modular meets the requirements of different
applications and platforms, and saves certification implementation and reduces
the cost and time of any EMVCo project.
Below you can find a description of our principal OTI Readers:
OTI UNO Series – UNO-6, UNO-8, UNO-Plus
OTI UNO is a single interface and contactless reader packed in an ultra-compact
form-factor. Uno is the ideal solution for meeting the complete range of NFC
cashless payment industry requirements. The reader, which supports the major
card associations’ applications as well as wallets such as Apple Pay™,
Google Pay™, Samsung Pay™ and was designed specifically for attended
and unattended retail environments. Uno’s unique form-factor and features
enable easy integration and installation in unattended self-service payment
stations, including Automatic Teller Machines, or ATMs, Automatic Vending Machines,
or AVMs, electric vehicle charging stations ticket vending machines, toll roads,
gaming machines, kiosks, access control, mass transit gates and more.
The OTI UNO range is currently available in 3 models:
UNO-6 – EMV
UNO-8 – EMV modular + FeliCa + P2P
UNO-Plus – EMV modular + FeliCa + P2P + Display
OTI Trio
OTI TRIO is an NFC and contactless reader built specifically for the unattended
machine market, such as vending machines, and provides quick and easy support
for cashless payments.
OTI TRIO offers convenient three-in-one cashless payment card options: magnetic
stripe (swipe), contact (chip) and contactless (tap), in one small and stylish
package. With modular design for easy installation and multiple connection options,
the OTI TRIO is ideal for vending, pay-at-the-pump, and unattended payment services.
The OTI TRIO is optimized to read data from a variety of sources, including
NFC enabled phones, all types of credit cards, contactless key fobs and smart
stickers that comply with ISO/IEC 14443 type A, B and MIFARE™.
The reader’s LCD display, LEDs and buzzer provide users with on-the-spot
transaction confirmation and clear interactive feedback.
The OTI TRIO is also available in partial configurations including:
Tap + Swipe (Contactless + MagStripe)
Tap only (Contactless)
OTI Interno
The OTI Interno global original equipment manufacturer, or OEM, reader module
with integrated antenna is a compact and cost-effective contactless card reader
board, designed for easy integration into mass transit validators and terminals.
Designed for seamless and simple OEM integration, the OTI Interno includes
a full-featured development environment, preloaded on-board payment applications
(MasterCard, PayPass, Visa, PayWave, etc.) and smart or transparent mode options.
Delivering price-performance, the OTI Interno supports contactless payments
and loyalty programs.
Payment Gateways and Machine-to-Machine (M2M) Controllers
Controllers and gateways are hardware devices that manage or direct the flow
of data between two machines and are used to “control” a peripheral
device (e.g., a vending machine). OTI has a range of controllers and gateways
that provide secured and certified access to payment service providers which
enable cashless payment acceptance, connectivity and cloud-based management
for machines.
OTI TeleBox– M2M Telemetry Controller
The OTI TeleBox is a machine-to-machine, or M2M, controller designed to enable
communication between machines, particularly vending machines, kiosks and meters
via various optional communication methods, allowing operators to easily remotely
manage and be notified about a specific machine or the entire fleet.
The OTI TeleBox serves three main functionalities:
M2M connectivity using cellular modem, Ethernet or WIFI;
Host for connected devices such as card readers, PIN pad, camera, barcode
reader, etc.; and
A communication channel to the vending machine controller using the major
protocols that are in use by the unattended vending, kiosk and pulse machine
industries.
The OTI TeleBox supports a wide range of configurations while supporting optional
hardware like backup batteries, external memory extension using SD card, mini
USB connection, onboard memory and more.
OTI GoBox - Gateway, Payment and Multimedia Services Enabler for Machines
OTI GoBox is a highly modular, powerful and scalable M2M cashless payment and
telemetry gateway, featuring advanced connectivity, processing power and multimedia
functionality.
OTI GoBox is designed for unattended retail machine operators who require a
modular and powerful M2M gateway with enough processing power to stream Full-HD
media and run either Linux or Android. GoBox is one of the most versatile and
easy-to-integrate M2M gateway units available today.
OTI GoBox can collect and transmit inputs from different components of the
machine such as sensors, all types of serial payment acceptance devices like
readers, security devices such as PIN pads, inventory events, security and anti-vandalism
events, operation transaction events, and data collection devices like QR-Code
scanners and more.
Payment and Management Solutions for Vending, Kiosk and Coin-op Pulse Machines
otiMetry – Vending Telemetry Solution
otiMetry is a modular and cost-effective telemetry solution for smart vending
which also enables cashless payments. It is a complete system designed for the
unattended vending machine market.
otiMetry incorporates telemetry, sales, operations, and marketing into an affordable
all-inclusive solution that makes any vending business a smart and interactive
one, with real-time online management capabilities and alerts.
OTI’s otiMetry solution is a modular telemetry system which includes:
Cashless Reader Hardware – OTI UNO or OTI Trio readers
M2M Controller/Gateway – enables connectivity and M2M communications
(TeleBox/GoBox)
TMS (Terminal Management System) – a pre-integrated cloud service that
is responsible for remote terminal management
Telemetry – Cloud-based software which provides all the data insights
required to turn a vending operation into a smart vending business
otiMetry supports the entire business lifecycle management and includes:
Cashless payment
Online terminal and vending machine remote management
Telemetry information such as cash, stock levels, alerts, route planning, and
business optimization.
otiMetry offers a modular and scalable approach supporting an easy method for
adding and removing modules. Another unique feature is that the system is based
on an open platform allowing integrators to add their own modules into the system.
otiKiosk – Unattended Self-Checkout Kiosk Payment Solution
otiKiosk is a cashless payment acceptance and remote management solution for
kiosks and self-service environments. otiKiosk provides kiosk operators with
an easy and affordable way to integrate a pre-certified EMV payment acceptance
solution into their system, which includes remote management of the kiosk’s
hardware and software.
otiKiosk combines the following components into an integrated solution:
Cashless Reader Hardware – OTI UNO or OTI Trio readers
otiKiosk Client – Windows-based application integrating between kiosk
software, gateway, and the cashless reader to support the payment process and
the payment functionality for the kiosk system integrator
otiKiosk TMS (Terminal Management System) – a pre-integrated cloud service
that is responsible for remote terminal management
otiPulse – Cashless Payment Solution for Coin-Operated Pulse Machine
otiPulse is a modular and cost-effective cashless payment solution for pulse
operated machines, such as:
Laundromats
Game & Prize Machines
Air and Vacuum machines
Lockers and restrooms
Car wash
Amusement rides
Massage chairs
otiPulse is a complete system for the unattended pulse machine market. otiPulse
adds cashless payment to coin-operated machines. It turns coin-only machines
into smart connected machines capable of accepting cashless payments.
otiPulse system components include:
Cashless Reader Hardware – OTI UNO or OTI Trio readers
Controller – enables connectivity and communications (TeleBox)
Control Cable – compatible with pulse machine operational activities
TMS (Terminal Management System) – a pre-integrated cloud service that
is responsible for remote terminal management
otiPulse connectivity supports the entire business lifecycle management and
provides real-time online management capabilities and alerts including:
Logging and reports for both cash and cashless sales
Payment terminal online management (e.g., price updates)
Elimination of unnecessary visits and service time
Optimization of field staff productivity
Decreasing machine downtime (i.e., power status alerts)
Remote configuration of system parameters (price, pulse duration, etc.)