News

OTI solutions certified on Canada's Interac network

November 1, 2018

On Track Innovations Ltd., a provider of NFC and cashless payment solutions, has achieved renewed certification on the Interac interbank network.

Certification allows Canadian businesses to integrate OTI cashless payment solutions into kiosks, ATMs, vending machines and other unattended devices across Canada, according to a press release.

"Canada has over 59,000 automated teller machines and over 450,000 merchant locations accessible through the Interac network, making this certification essential to doing business in Canada," OTI CEO Shlomi Cohen said in the release.

According to Interac Corp., its debit payments system is chosen an average of 16 million times daily to pay and exchange money.