OTI, Vend Access Bring Mobile Pay To Australia

On Track Innovations (OTI), a global provider of NFC and mobile pay solutions, has announced its entry into the Australian market.

OTI will deliver cashless payments with the help of Vend Access, a technology and solutions provider for vending and unattended machine operators in Australia, and Card Access Services, a payment gateway and processor for Australian and global businesses.

As part of the partnership, Vend Access will distribute OTI’s otiMetry solution, which offers NFC-based cashless readers and a telemetry system. Card Access Services will support the gateway and processing services for otiMetry systems installed and operated by Vend Access. The solution enables interactive vending and self-service operation by incorporating telemetry, sales, operations and marketing with real-time management capabilities.

“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,” said Bill Chronarakis, GM of Vend Access, in a statement.

“Entering the Australian market marks another milestone in our approach of building an extensive distributors network that provides intelligent and cost-effective solutions for the unattended market,” Shlomi Cohen, OTI CEO, added. “The close cooperation with Vend Access and with Card Access Services, which have 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.”

Shipments to and installations in Australia are expected to be initiated by Vend Access beginning in the fourth quarter of 2016.