Replies to post #1402 on On Track Innovations Ltd. (OTIV)

[midastouch017]

According to CNNMoney:


https://www.thenewamerican.com/economy/economics/item/24699-mcdonald-s-response-to-15-minimum-wage-automation-in-every-store


So the fast food giant is rolling out self-order kiosks, mobile pay options, an updated interior design, even table service. The changes are already starting to show up at locations in Florida, New York and Southern California, where 500 restaurants have been updated. Restaurants in San Francisco, Boston, Chicago, D.C. and Seattle will get upgrades in early 2017. Now, McDonald's loyalists will be able to place their customized order on a touch screen, take a seat and have their meal brought right over. Next year, they'll even have the option of mobile ordering.

That means that, eventually, more than 20 million customers every day will place their own orders at a kiosk or on a mobile device and then have them delivered by a human to their table. And it’s just a matter of time before those humans will be replaced by machines as well.

[midastouch017]

On Track Innovations bags purchase orders for thousands of payment systems

Feb. 15, 2017 11:16 AM ET|About: On Track Innovations Ltd (OTIV)|By: Niloofer Shaikh, SA News Editor
On Track Innovations (NASDAQ:OTIV) received purchase orders through its channel partners to install thousands of advanced self-checkout payment systems at leading U.S. food chains and Kiosk operators.

The purchase orders were received from numerous OTI channel partners during the first six weeks of 2017 and the systems will be shipped throughout 2017.

“These purchase orders continue the growth momentum we are currently experiencing at OTI,” says Shlomi Cohen, OTI’s CEO. “We bring an all-inclusive and affordable solution for the global self-checkout kiosk market that is estimated to reach U.S. $18 billion by 2023. The inclusion of near field communication (NYSEMKT:NFC) technology - our expertise - into these machines is changing operations on a global scale. It enables customers to have an intuitive, quick and seamless shopping experience.”