Citi is set to implement Dynamics’ “Card 2.0” technology for its “ThankYou Prestige 2G Card.” The “Citi ThankYou Prestige 2G Card” is part of the latest Citi “ThankYou” credit card suite and will feature two buttons on the front of the card that allows customers a new way to redeem reward points with the push of a button at the time of checkout. The cardmember has two options with the new Citi 2G cards: if they select the button “Regular Credit,” they can pay for their purchase with credit as they normally would, or they can select the “Request Rewards” button that would allow them to request to redeem points or cash rewards with a simple swipe of the card.
The first stage of the infrastructure installations for Warsaw’s multi-application, contactless “City Card” has been completed.
On Track Innovations’ ASEC division reports that more than 100 loading points, including ticket vending machines and terminals, have been installed to-date. OTI acts as an e-ticketing and parking operator for “Warsaw City Card” for the Transport Department of the City of Warsaw. The Company provides a sales network system, infrastructure, distribution service and maintenance for loading transportation and parking electronic cards around the city. OTI says direct revenues generated from transaction fees are expected to aggregate to more than $10 million over the next 5 years.
HSBC Bank has selected On Track Innovations’ contactless payment
product suite for its “Advantage Hizz” (Fast Advantage) MasterCard
“PayPass” program. HSBC is deploying “Advantage Hizz” to offer customers
a contactless payment solution without the need for a signature nor
password on purchases of less than 35 Turkish Lira. In addition to
offering its customers the traditional payment card, HSBC is also
providing a contactless key fob and sticker for acceptance in 4,000
quick-serve restaurants, convenient stores, book & music stores,
accessory stores, groceries and supermarkets. Adhering to multiple
surfaces, the contactless sticker and fob meet all payments industry
security requirements with the speed and convenience of contactless
transactions. Providing contactless microprocessor-based smart card
solutions since 1990, OTI applications are deployed for homeland
security, payments, petroleum payments and other applications around the
The On Track Innovations’ subsidiary PARX is expanding its
“EasyPark” in-vehicle electronic parking solution with the addition of
the northern Italy municipalities of Asti, Bra and Rivarolo Canavese.
Initially introduced as “Neos Park” by PARX and Neos Tech in 2008,
“EasyPark” allows the user to pay only for the actual time parked
through its contactless unit. Eliminating the need for cash and change,
the device is placed in the vehicle window and turned off when the
operator is finished parking either on-street or in a parking lot. OTI
was established in 1990 to develop secure contactless microprocessor-
based smart card technology while its PARX Ltd. subsidiary handles OTI
marketing, operating and distributing advanced parking solutions.
Contactless provider On Track Innovations’ subsidiary, ASEC S.A. was awarded
a contract to become an e-ticketing operator of Warsaw City Card for the Transport
Department of the City of Warsaw to provide a sales network system, infrastructure,
distribution service and maintenance for loading of transportation
electronic cards around the city.Under the agreement ASEC will install in the city 100 automated vending
machines and 300 terminals for loading of Warsaw City Card which will be located
at subway, and train stations, buses and tramway transfer hubs and at areas
frequently visited by tourists. Direct revenues will be generated from
transaction fees and are expected to aggregate more than $10 million over the next 5 years.
Smart card solution provider On Track Innovations’ “Saturn 6000”
countertop reader and “Saturn 6500” outdoor reader have been approved by
Visa and MasterCard. The Saturn 6500 is a secured contactless reader
built for vending machine,
petroleum and mass transit markets. The reader provides a convenient
payment method for both magnetic and contactless card holders, in a
enclosure. Technologically on par with the Saturn 6000, it is the most
contactless and magnetic stripe reader for petroleum, mass transit,
vending or any unattended application available.
Alliance Data has certified On Track Innovations’ “Saturn 5000” and
“Saturn 6000” contactless readers, which support contactless EMV
applications published by MasterCard, Visa, Mifare technology and non-EMV
contactless payment programs. These non-EMV solutions include “ExpressPay”
from American Express and Discover. The “Saturn” applications run on the
Ingenico “i5100” and VeriFone’s “Omni 3740/3750/Vx510/Vx570” platforms
and, with the recent certification, provide merchant deployment, profile
setup, download and 24/7 support. Alliance Data provides marketing,
and transaction services for over 120 million consumer relationships and
employs over 9,000 associates at over 60 locations worldwide while OTI
provides contactless smart card technology in a range of sectors for
various global markets.
The “TIO Prepaid MasterCard” program offered to 75 EWIZ stores has met the pilot criteria and will be rolling out to all 400 EWIZ stores across the United States and another 300 stores scheduled for future deployment. TIO also announced a new initiative to make NetSpend’s National Savings Program available to TIO prepaid MasterCard cardholders. NetSpend cardholders can earn up to 5.00 percent interest on an annualized basis by linking their MetaBank-issued prepaid cards to an interest-bearing savings account. There is no minimum deposit to enroll in the program, no minimum monthly balance to maintain and no additional monthly service fees. NetSpend Corporation is one of the premier providers of innovative, accessible prepaid debit cards that enable financial freedom for under-banked consumers.
NJ-based On Track Innovations’ “EasyFuel” pay-at-the-pump contactless payment solution has entered North America. The Company says it has received orders from an energy company in North America for that calls for a roll-out at 130 gas stations. The solution supports “MasterCard PayPass” including “EMV M/Chip,”VISA Contactless,” “ExpressPay” from American Express and “Discover Zip,” as well as loyalty programs and third party applications. Initial installations are expected in the second half of this year. “EasyFuel” has installations worldwide including Europe and Africa.
On Track Innovations’ new contactless reader has been approved by MasterCard for the “EMV M/Chip v.1.3” and “Magnetic Stripe v3.2” contactless payment programs. The “Saturn 6000” terminal has also been approved for MasterCard “PayPass ISO 14443 Implementation Specification v1.1.” Additionally, the new OTI terminal supports the “VISA Contactless” program, “ExpressPay” from American Express and “Discover Zip” as well as programs for mass transit ticketing, MIFARE, loyalty, third party applications, and more. The “Saturn 6000” offers developers a unique platform based on its comprehensive and modular firmware including sophisticated API and macros that allow for the fastest and most efficient contactless EMV transactions to be developed.
NJ-based On Track Innovations’ new contactless reader has been approved by MasterCard for the “EMV M/Chip v.1.3” and “Magnetic Stripe v3.2” contactless payment programs. The “Saturn 6000” terminal has also been approved for MasterCard “PayPass ISO 14443 Implementation Specification v1.1.” Additionally, the new OTI terminal supports the “VISA Contactless” program, “ExpressPay” from American Express and “Discover Zip” as well as programs for mass transit ticketing, MIFARE, loyalty, third party applications, and more. The “Saturn 6000” offers developers a unique platform based on its comprehensive and modular firmware including sophisticated API and macros that allow for the fastest and most efficient contactless EMV transactions to be developed.
Paz, the country’s top energy company, will distribute On Track Innovations’ “EasyPark” devices and integrate contactless readers into its point-of-sale terminals to enable loading of “EasyPark” devices.
With about 250 Yellow Convenience stores nationwide Paz’s Yellow will more than double the number of loading stations for “EasyPark” across the country. Yellow now sells “EasyPark devices as well as enables adding value to “EasyPark” devices. Today “EasyPark” total volume is approximately $1 million per month. The addition of the readers to Yellow stores is expected to increase “EasyPark” volume by about 20%.