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OTI to provide 3,000 UNO 8 NFC readers for smart ATMs

May 16, 2019

On Track Innovations Ltd., a provider of near field communication and cashless payment solutions, has received a purchase order to deliver 3,000 of OTI's Uno 8 advanced secure contactless NFC readers for use in the global Smart ATM market. A company press release did not identify the purchaser of the Uno 8 devices.

Adding an OTI EMV certified contactless reader enables an ATM ability to identify the account owner and communicate with that individual's smart devices, the company said.

To date, Israel-based OTI has delivered nearly 40,000 advanced readers systems. The company said it expects to see similar levels of demand in the future.

"As this new order demonstrates, we continue to lead the way in enabling 'smart' management of globally distributed ATMs payment system," OTI CEO Shlomi Cohen said in the release.