As COVID-19 has amplified the usage of cashless, and particularly contactless, payments, we are pleased to work with OTI to offer unattended retail merchants a full line of digital payment solutions.
ATLANTA (PRWEB) August 26, 2020
EVO Payments, Inc. (NASDAQ: EVOP) (“EVO”), a leading global provider of payment technology integrations and acquiring solutions, announced today it has formed a strategic partnership with On Track Innovations Ltd. (OTCQX: OTIVF) (“OTI”), a global provider of cashless and near field communication (NFC) payment solutions, to provide end-to-end payment solutions to independent software vendors (ISVs) and merchants focused on unattended retail. The relationship will benefit a broad range of unattended applications, including kiosks, automated retail, laundromats, vending machines, micromarkets, EV charging stations, games, digital air and vacuum machines, transit and more.
EVO and OTI will offer EMV-certified solutions that shorten integration and time to market, enabling ISVs and their respective merchants to easily accept cashless and contactless payments within their businesses. The complete line of modular, cashless, and contactless payment solutions and components includes payment readers, controllers, cloud-based management systems, and more.
“As COVID-19 has amplified the usage of cashless, and particularly contactless, payments, we are pleased to work with OTI to offer unattended retail merchants a full line of digital payment solutions,” said Brendan Tansill, EVO’s President, the Americas. “These systems, which incorporate NFC technologies, will help merchants adopt solutions that can support their business needs during these unprecedented times and sustain growth in the future.”
“We are thrilled to be partnering with EVO to provide integrated cashless solutions that are secure, affordable, and easy-to-use,” said Yehuda Holtzman, CEO at OTI. “We have already deployed hundreds of thousands of payment solutions to automated retail, self-service kiosk, unattended vending, EV charging stations, and mass transit e-ticketing systems. This partnership will allow us to continue to serve additional businesses with contactless payments backed by EVO’s secure payment processing services.”
About EVO Payments, Inc.
EVO Payments, Inc. (NASDAQ: EVOP) is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across the globe. As a fully integrated merchant acquirer and payment processor in over 50 markets and 150 currencies worldwide, EVO provides competitive solutions that promote business growth, increase customer loyalty, and enhance data security in the markets it serves.
OTI (OTCQX: OTIVF) is the pioneer and leading developer of cutting-edge cashless payment solutions incorporating NFC (Near Field Communications) technologies. For nearly 30 years, OTI has built an international reputation for reliability and innovation by providing operators and integrators with innovative technology and solutions based on our extensive global IP portfolio. OTI has deployed hundreds of thousands of payment solutions to Automated Retail, Self-Service Kiosk, Micro-Markets, Unattended Vending, EV charging stations, coin-op Pulse, Mobile, smart ATM, fuel management systems and mass transit e-ticketing. OTI operates through a global network of regional offices, supporting clients & partners with its unique cashless payment solutions. For more information, visit http://www.otiglobal.com.
EVO Payments, Inc.
Sarah Jane Perry, Investor Relations & Corporate Communications Manager