UPDATE: OTI PetroSmart Partners With Fuel Telematics Solutions to Deliver Secure Mobile Payment for Corporate Fleet Vehicles

UPDATE: OTI PetroSmart Partners With Fuel Telematics Solutions to Deliver Secure Mobile Payment for Corporate Fleet Vehicles

CAPE TOWN, SOUTH AFRICA — (Marketwired) — 05/03/16 — , a global Value Added Reseller of petroleum payment solutions and products and a wholly owned subsidiary of (NASDAQ: OTIV), and a venture capital backed company specialising in mobile payment solutions for fuel retailing, announced today a mutual partnership that will deliver secure mobile payment solutions for corporate fleet vehicles.Under the terms of the partnership, OTI PetroSmart–s proven and globally deployed Automatic Vehicle I