2017

January 2018

December 2017

OTI’s Advanced Personal Health Solutions announces East African Deal worth over $1.0m

OTI’s South African subsidiary intends to supply its patient information smart cards and biometric verification technology to Kenya, Uganda, Zambia, and South Sudan during 2018 ROSH PINNA, ISRAEL, December 27th 2017, On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions. OTI Smart cards validate the […]

OTI is developing Bitcoin capabilities in the crypto-currency marketplace

OTI is pursuing the growing Bitcoin market ROSH PINNA, ISRAEL December 18th, 2017 On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has announced that it is developing capabilities to implement the use of Bitcoins in its cashless payment solutions. Bitcoin usage is growing in […]

November 2017

Puma Energy selects WEX IFCS in conjunction with OTI PetroSmart’s EasyFuelPlus solution to drive B2B growth in Africa

South Portland, Maine (USA), and Rosh Pinna, Israel (Nov. 27, 2017)—WEX Inc. (NYSE: WEX) a leading global provider of corporate payment solutions, and OTI PetroSmart, a wholly owned subsidiary of OTI (NASDAQ:OTIV), are pleased to announce that Puma Energy has selected WEX’s IFCS payment processing system to support its on-road B2B fueling offer.  IFCS is […]

OTI’s UNO 6 Selected by CityEV as the Cashless Payment Solution for Electric Vehicle Charging Stations

CityEV™ chooses OTI’s Uno 6 – Ultra Compact NFC Contactless Reader as its cashless payment solution for Cityline 100, the ideal charge point platform that can be configured to meet a wide variety of client applications Plug-in cars increased from 3,500 in 2013 to almost 121,000 by the end of October 2017 in the UK Goldman Sachs […]

OTI’s Mass Transit Ticketing Solutions Serve Growing Market Through New OTI Europa Brand

Kraków-based mass transit ticketing subsidiary to act under a unified brand Contactless mobile ticketing is expected to account for 50% of fare collection in transportation by 2021 ROSH PINA, Israel, November 13th, 2017 —  On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, announced today it […]

OTI Reports Third Quarter 2017 Financial Results

Q3 2017 Operational Highlights First major delivery to 365 Retail Markets, our strategic MicroMarket partner in the U.S. Received second batch purchase order of 2,000 cashless payment systems from the Japanese market Received multiple purchase orders totaling 7,000 OTI advanced contactless readers in the ATM global market Received a sizable purchase order for a rollout […]