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OTI accepts cryptocurrency as source of purchase payment.

BANKING AND CREDIT NEWS-January 12, 2018-OTI accepts cryptocurrency as source of purchase payment

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On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, accept cryptocurrency as a way to purchase its innovative cashless payment solutions.

A cryptocurrency is an alternative asset designed to work as a medium of exchange and uses cryptography to secure its transactions.

On Track Innovations (OTI) is a global provider of the design, manufacture, and sale of secure cashless payment solutions using contactless NFC technology with an extensive patent and IP portfolio. OTI's field-proven innovations have been deployed around the world to address cashless payment and management requirements for the Internet of Payment Things (IoPT), wearables, automated retail and petroleum markets. OTI distributes and supports its solutions through a global network of regional offices and alliances. OTI is the proud recipient of the 2017 AI Award for Best Cashless Payment Solutions Provider -- Israel. For more information, visit www.otiglobal.com.

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Publication:M2 Banking & Credit News (BCN)
Date:Jan 12, 2018
Words:182
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