ASEC And Epay Offer New Service For Loading GSM Prepaid Cellular Phone Cards On ASEC's Existing Ticket Vending Machines In Warsaw

ASEC, OTI's Subsidiary, And Epay Offer New Service For Loading GSM Prepaid Cellular Phone Cards On ASEC's Existing Ticket Vending Machines In Warsaw - TheStreet
On Track Innovations Ltd.(OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced that that its subsidiary, ASEC S.A. ('ASEC') in Poland, introduced in cooperation with epay Polska, a new service of loading GSM prepaid cellular phone cards on ASEC's Ticket Vending Machines (TVMs), which are part of ASEC's electronic tickets sales network in Warsaw. ASEC will receive a transaction fee from the loading value of the cellular phone cards.

As part of the new service, passengers are now able to load their GSM cellular phone cards at one of ASEC's TVMs. ASEC's TVMs support multiple forms of payment including cash and coins, magnetic stripe cards, contact or contactless payment cards. The TVMs are conveniently located in high traffic locations such as: Warsaw metro stations, railway stations and major bus and tramway stops.