OTI Uno-8 (SATURN 8700) Reader Granted EMVCo Modular Level 2 Contactless Terminal Type Approval
- In receiving approval for its FeliCa certified Uno-8 reader, OTI is one of only a few contactless reader vendors to have been granted Modular Level 2 Approval
ROSH PINNA, Israel, July 24, 2017 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, announces that its new Uno-8 (SATURN 8700) contactless reader has been granted EMVCo Modular Level 2 Terminal approval.
The new Modular architecture provides OTI's customers with the ability to deploy upgrades or additional applications and features to its existing reader install base without requiring recertification of the entire terminal. Modular architecture permits OTI customers deploying the Uno-8 reader to reduce costs and shorten the certification process by allowing certification on a per-application, rather than a per-terminal basis. The Modular architecture also enables OTI's OEM customers to leverage existing Level 2 approvals for their use while optimizing the certification process.
"This new achievement shows how OTI is committed to provide its clients with the most advanced technologies while maintaining the highest security standards," says OTI CEO Shlomi Cohen. "We constantly strive to be in the forefront of today's innovations and having products that have both EMVCo and FeliCa certifications proves our global thinking in creating cost efficient products that support most of today's requirements."
For more information regarding the approval granted by EMVCo, please see EMVCo's list of Approved Contactless Products.
OTI notes that EMVCo approval of the Contactless Product contained in the Uno-8 (SATURN 8700) product shall mean only that the Contactless Product has been tested in accordance and for sufficient conformance with the EMV Specifications, Version 2.5, as of the date of testing. EMVCo approval is not in any way an endorsement or warranty regarding the completeness of the approval process or the functionality, quality or performance of any particular product or service. EMVCo does not warrant any products or services provided by third parties, including, but not limited to, the producer or provider of the Contactless Product and EMVCo approval does not under any circumstances include or imply any product warranties from EMVCo, including, without limitation, any implied warranties of merchantability, fitness for purpose, or non-infringement, all of which are expressly disclaimed by EMVCo. All rights and remedies regarding products and services which have received EMVCo approval shall be provided by the party providing such products or services, and not by EMVCo and EMVCo accepts no liability whatsoever in connection therewith.
