OTI finalizes sale of SmartID division

NFC Technology mobile commerce

Mobile commerce firm closes sale of SmartID to SuperCom On Track Innovations (OTI), a leading developer of cashless payment technologies, has announced the successful sale of its SmartID division to SuperCom, a digital identity solutions provider. SmartID was sold for approximately $10 million and SuperCom is expected to continue the organization’s daily operations, taking on SmartID’s clients and ensuring they have access to the acquired organization’s services and products. SuperCom is also expected to take on SmartID’s employees, ensuring that those that had worked in the division previously are able…

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OTI receives certification from mobile commerce venture

Isis mobile commerce wallet

Mobile commerce firm Isis awards certification to OTI On Track Innovations (OTI), a developer of mobile payments services, has announced that it has received certification from Isis, a prominent mobile commerce platform. This certification provides OTI’s NFC-based services with more momentum and validation. NFC technology currently makes up the backbone of mobile commerce and the demand for comprehensive and efficient NFC-based services has been growing significantly in recent years. The certification is expected to make OTI’s line of Saturn NFC-enabled sales terminals and associated software somewhat more attractive. Isis launches…

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OTI receives massive order for mobile commerce systems

NFC technology mobile commerce

NFC technology remains a staple in mobile commerce NFC technology has been receiving some criticism in the field of mobile commerce recently due to concerns regarding security and efficiency. The technology remains as one of the cornerstones of mobile commerce, however, powering mobile transactions all over the world. As mobile commerce itself continues to grow in popularity, so too does NFC technology and the demand for this technology is beginning to grow despite some of the controversy surrounding it. OTI receives order for 30,000 NFC systems On Track Innovations (OTI),…

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OTI receives order for 17,000 NFC readers from European market

Mobile Commerce - NFC

Company to deliver some 17,000 NFC readers to Europe On Track Innovations (OTI), a developer of identification, payment, and loyalty applications, has announced that it has received an order for more than 17,000 NFC readers from Europe. OTI has not released the identification of the organization(s) that has placed the order. The order is likely linked to the growing interest surrounding mobile commerce in Europe. Many European countries are beginning to see mobile commerce as a legitimate aspect of the financial world. As and industry, mobile commerce has managed to…

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