Verifone Inc. and OTI (On Track Innovations) Ltd. claimed the second and third spots in the ABI Researchs most recent evaluation of worldwide contactless reader vendors.  In this Vendor Matrix, ABI Research assessed companies offering reader products that target contactless payment, ticketing, and near field communication (NFC)-related applications.
The Vendor Matrix is an analytical tool developed by ABI Research to provide a clear understanding of vendors positions in specific markets.  Vendors are assessed by ABI Research on the important parameters of "innovation" and "implementation" across several criteria, unique to each vendor matrix.
For the evaluation of contactless reader vendors, relevant criteria included product and manufacturing innovation and feature set; key roles in developing and expanding the market through industry leadership and knowledge transfer; global capacity; reach and support; vertical market focus and product adoption, as well as cross-regional delivery and adoption.