News
Discover certifies OTI reader for contactless payment
November 28, 2006
RIVERWOODS, Ill. - Discover Network, a business unit of Discover Financial Services and Morgan Stanley, has certified for use with its contactless payment application the Saturn 5000 contactless reader developed by On Track Innovations. OTI provides contactless microprocessor-based smart card solutions.
According to a news release, the certification ensures that Saturn 5000 is able to support Discover's proprietary contactless payment solution. Additional OTI readers are in the certification process.
"The certification of the Saturn 5000 is the latest milestone in Discover Network's ongoing efforts to provide an efficient, safer and more convenient contactless payment solution to our merchants, issuers and their cardholders," said Joby Orlowsky, vice president of marketing for Discover. "By continuing to identify and certify card readers that meet our stringent standards of quality, security, and ease of use, we expect our momentum in contactless payments to accelerate even more rapidly."
Saturn 5000's features support multiple application programs and read a variety of payments sources, including credit cards, key fobs and cell phones. The console's plug-and-play design facilitates quick upgrades of existing POS terminals.
North AmericaTransaction ProcessingDebit / CreditOtherEFT NetworksComponentsBank / Credit UnionSoftware
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