OTI - On Track Innovations

Founded in 1990, On Track Innovations (OTI) is a pioneer in the field of contactless and NFC technology. The company designs, develops, and markets a range of secure, microprocessor-based contactless smart card solutions for various applications. Their products and platforms are used in sectors such as unattended retail (vending machines, kiosks), petroleum payment systems, mass transit ticketing, and secure identification. OTI provides a portfolio of hardware readers, OEM modules, and software platforms that enable cashless payments and connectivity. The company was publicly traded on the NASDAQ (OTIV) until it was taken private in 2018.