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S&B solutions adopt OTI contactless technology

Posted: 17 Sep 2003 ?? ?Print Version ?Bookmark and Share

Keywords:scheidt & bachmann? on track innovations? oti? contactless? smart card?

Scheidt & Bachmann GmbH (S&B), a Germany-based provider of management systems, has signed a strategic cooperation agreement with On Track Innovations Ltd (OTI), a provider of contactless microprocessor-based smart card solutions. Under the terms of the agreement, S&B will be providing mass transit ticketing solutions using OTI's contactless products for electronic payment solutions.

While the agreement encompasses a wide variety of projects, the first joint effort is targeting automated fare collection programs. S&B will act as the system integrator, with OTI supplying readers and software for S&B's front-end solutions. OTI's solution is based, in part, on its solutions for electronic payment transactions like quick serve restaurants, drive-thrus, loyalty programs, and gas stations where speed and security are essential.

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