OTI Partners with US-based 365 Retail Markets to Supply Cashless Payment Solutions for MicroMarkets
ROSH PINNA, Israel, April 18, 2017 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC), cashless payments and fuel management solutions, has formed a new strategic partnership with 365 Retail Markets, the leader in MicroMarket technologies.
US-based 365 Retail Markets enables each customer’s entire ecosystem with cutting-edge technology, unrivaled selection, and world-class support. Combined with OTI’s best-in-class, field-proven and secure cashless solutions, MicroMarket operators and their customers benefit from this robust design.
“The partnership with 365 Retail Markets shows how OTI is committed to increasing its presence and activities in the US market,” says OTI CEO, Shlomi Cohen. “Our pre-certified off-the-shelf cashless payment solutions are very cost-effective and have proved to be a great fit to the US vending, self-service and automated retail markets.”
365 has been pioneering innovation in the vending industry since 2008, expanding their technologies beyond MicroMarkets to encompass a broad range of self-service and payment products. 365’s newest concept, the Connected Campus, streamlines vending operations by linking devices and customer accounts for efficient management. Incorporating OTI’s secure cashless payment solutions is a huge step forward in fulfilling 365’s strategy for supporting operator processes and boosting their business.
"As 365 continues to expand globally, it becomes more and more important for us to have the right relationships to keep up with payment demands,” adds 365 CEO, Joe Hessling. “OTI is the right choice for us and we look forward to years of innovation together."
For more information on OTI’s cashless payment solutions for unattended retail environments visit the company’s website, follow the company on Twitter or LinkedIn, or schedule a meeting with OTI team at the upcoming NAMA OneShow.
