Receives ISIS certification.
On Track Innovations Ltd, a in cashless payment solutions company has received certification from ISIS, a mobile commerce joint venture between AT&T Mobility, T-Mobile USA, and Verizon Wireless, for OTI’s complete line of Saturn NFC-enabled sales terminals and software.
The ISIS Mobile Wallet™ allows consumers to pay using their mobile device, by securely storing virtual versions of a customer’s credit and prepaid cards, as well as coupons and merchant loyalty cards.
Shoppers simply select a payment card and tap their smartphone on a NFC-enabled point-of-sale terminal like an OTI Saturn Reader. ISIS’ Mobile Wallet transforms NFC-enabled Smartphones into virtual wallets, eliminating the need for physical cards.
“Receiving certification from ISIS provides additional validation of our NFC technology platform,” said Ofer Tziperman, OTI’s CEO. “The recent nationwide launch of the ISIS Mobile Wallet marks a major milestone for the NFC industry. As this initiative gains momentum with the support of some of the world’s largest mobile operators and payment card companies, OTI is very well positioned to capitalize on this sea-change.”
“With over 20 years’ experience providing field-proven NFC solutions, we look forward to supporting ISIS during this multi-billion dollar initiative,” added Tziperman.
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