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Thursday, December 22, 2016 8:36:27 AM
ROSH PINA, Israel, Dec 22, 2016 (GLOBE NEWSWIRE via COMTEX) --
For OTI's global installed base of cashless payment readers and new customers
Video and audio streaming on cashless payment readers increase revenue opportunities for unattended retail operators
Massive processing power and Linux OS supporting multiple applications
FeliCa certified and JVMA compliant for colossal Japanese vending market
On Track Innovations Ltd. (OTI) OTIV, +0.81% a global provider of near field communication (NFC) and cashless payment solutions, today announced the release of its GoBox - a powerful machine-to-machine (M2M) cashless payment and telemetry gateway. GoBox's high versatility and easy integration is designed for unattended 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. Fully compatible with OTI's installed base of cashless payment readers, GoBox can benefit OTI's current and new customers alike.
"Our GoBox is a giant leap forward in what is offered to vending and payment machine operators," says Neil Barr, Head of Marketing and Innovations at OTI. "This opens up potential new revenue streams allowing operators to sell video advertising space and engage consumers at venues by providing promotions, social media interactions, contests and even gaming. These streams come in addition to the increased revenues expected from accepting cashless and mobile payments. We anticipate GoBox will generate add-on sales revenue for OTI, as it increases revenues for our customers."
Linux and Android support provides GoBox with great versatility and scalability empowering operators to easily port additional applications to their existing machines. The combination of powerful processing and HDMI allows vendors to take advantage of the latest marketing technology, such as point of sale video advertising, location based promotion and loyalty campaigns. With many markets now mandating vendors disclose product ingredients and nutritional values, GoBox can easily output this information to the cashless reader screen or to a dedicated monitor. GoBox provides several communication options including Bluetooth, Wi-Fi and Ethernet.
GoBox is a completely modular M2M processing platform. GoBox can be customized with single, dual, or quad core processors that can run Linux or Android operating systems. The machine interface can support MDB, DEX, JVMA and other standards. The cellular connectivity module supports 2G to 4G LTE, suitable for rollouts in any region of the world.
Combined with OTI's cashless payment readers, GoBox is the ultimate M2M gateway for machine operators seeking innovative cashless payment and multimedia telemetry solutions.
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