Akbank of Turkey has selected On Track Innovations’ (OTI) Saturn 6000 reader for its newly-launched MasterCard PayPass contactless program. Akbank’s credit card offers contactless solutions to its clients. Holders of the bank’s AxessExi26 and Axess cards will enjoy the convenience of using contactless technology for all purchases under $20 which will eliminate the burden of carrying and handling small change and of signing for their shopping.
OTI’s Saturn 6000 reader is stylishly designed, available in multiple colours with a large LCD display, allows for configurable images, and programmable lines of characters in multiple languages. Its plug-and-play design and small footprint allows multiple configurations.
OTI claimed that Saturn 6000 reader supports major financial contactless programs including ISO 14443 Payment Implementation, MasterCard PayPass Mag Stripe and M/Chip, Visa PayWave MSD and qVSDC, American Express ExpressPay, Discover Zip, MIFARE, NFC and other proprietary systems.
Mine Konuman, Akbank Executive Vice President for payment systems, said: When the pilot project now underway is completed, we intend to expand the contactless technology to the entire range of our credit card products. Akbank’s aim is to increase its strength in all markets involving minor purchases through its contactless technology products.
Oded Bashan, CEO & Chairman of OTI, said: We are happy with the selection of OTI products by Akbank and are committed to provide excellent support. OTI is looking forward to continue and support the growing Turkish contactless payments market with range of contactless products.
On Track Innovations is a provider of contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications.
