On Track Innovations (OTI) has forayed into the Australian cashless payments market in partnership with Vend Access, a provider of technology and solutions for vending machine operators, and Card Access Services, a payment gateway and processor for Australian and international businesses.
As per the agreement, Vend Access will distribute OTI’s otiMetry solution which includes advanced NFC based cashless readers and a high-tech telemetry system, while Card Access Services will offer the gateway and processing services for otiMetry systems installed and operated by Vend Access.
otiMetry makes any vending and self-service operation smart and interactive by incorporating telemetry, sales, operations, and marketing into a solution with real-time management capabilities.
OTI chief executive Shlomi Cohen said: “The close cooperation with Vend Access and with Card Access Services, which has over 28 years of experience in the payment industry and their outstanding support and customer oriented approach, ensure that Australian self-service machine operators will be getting a reliable and comprehensive solution at an affordable price.”
Vend Access general manager Bill Chronarakis said: “Vend Access’s practical experience matched with Card Access Services’ e-payment management from OTI’s terminals and otiMetry will improve earnings for vending owners.”