Apriva and OTI Announce Semi-Integrated Solution for Unattended Markets
April 11 2017 - 7:31AM
End-to-End Security Hardware and Software for
Vendors and Merchants
Apriva, a leading provider of omnichannel payment solutions and
secure mobile communications, and On Track Innovations Ltd. (OTI)
(NASDAQ:OTIV), a global provider of near field communication (NFC),
cashless payment and fuel management solutions, announced today a
partnership to bring a new end-to-end EMV solution to markets
supporting unattended payments.
This pre-certified payment solution immediately
supports magnetic stripe reader (MSR) transactions, and will soon
be EMV certified on various processors through Apriva. As a
semi-integrated solution, the OTI TRIO reader is securely
interfaced with the Apriva gateway, which means a quick integration
process for unattended systems. Security includes real-time data
encryption, using the industry standard DUKPT (derived unique key
per transaction) encryption method, with no cardholder or card data
stored.
“Apriva is an excellent fit for our cashless
payment solutions, as they offer a world-class gateway with
multiple secure options,” said Larry Susman, vice president of
global sales at OTI. “Our cost-effective hardware and software
solution pairs strongly with Apriva’s secure payment capabilities,
and we are pleased to bring an unattended solution to market built
upon our combined technologies, experience and success.”
For over two decades, OTI has provided enterprises
worldwide with cashless payment options including NFC products and
solutions. OTI's TRIO is a modular payment device that can support
up to three cashless payment interfaces in one enclosure. The TRIO
is specifically designed for installation in unattended
environments such as kiosks and vending machines to enable cashless
payment with magnetic payment cards, as well as mobile (Apple Pay®,
Android PayTM, Samsung Pay®), EMV chip and contactless payment
cards.
“Our partnership with OTI embodies Apriva’s
commitment to unattended payment markets,” said Stacey Finley
Tappin, senior vice president of sales and marketing at
Apriva. “As unattended payment options expand in the years
ahead, OTI’s success with hundreds of thousands of readers in the
field worldwide aligns tightly with Apriva’s vision for supporting
those payments—securely and flexibly, today and into the
future.”
Apriva’s payment gateway offers state of the art
security with end-to-end encryption, tokenization and EMV
capabilities while connecting a variety of payment devices to over
30 processors accepting all major debit and credit cards, in
addition to campus cards in both the U.S. and Canada. Apriva
currently works with more than 1,100 merchant acquirers and
independent sales organizations (ISOs) across North America, giving
merchants and partners the choice to deploy end-to-end solutions
that best fit their businesses.
For more information on Apriva’s integrated
services and point of sale solutions please visit the company’s
website, follow the company on Twitter or LinkedIn, or visit our
booth 636 at the upcoming NAMA OneShow in Las Vegas, NV, April
19-21, 2017.
For more information on OTI’s cashless payment
solutions for unattended retail environments visit the company’s
website, follow the company on Twitter or LinkedIn, or schedule a
meeting with Larry and his team at the upcoming NAMA OneShow.
About AprivaFormed in 2003, Apriva
is a leading provider of omnichannel payment solutions and secure
mobile communications that meet the exacting security and
reliability requirements of financial services providers,
government entities, and public service sectors. Through its two
operating groups, Apriva Point of Sale (POS) and Apriva Information
Security Systems (ISS), the company offers customers fully-managed,
end-to-end security solutions that incorporate hardware, software,
network infrastructure and management tools. For more information,
visit www.apriva.com.
About OTIOn Track Innovations
(OTI) is a global leader in 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, unattended retail and petroleum markets.
OTI distributes and supports its solutions through a global network
of regional offices and alliances, including UCP, Inc. in North
America. For more information, visit www.otiglobal.com.
Apriva contact:
Michael Jones
Apriva
+1 480-421-1232
mjones@apriva.com
OTI contact:
Neil Barr
OTI
+972-4-686-8004
press@otiglobal.com
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