The name ACCEPT Institute refers to the mission of the not-for-profit Institute, which is the development and support of traveller-focussed and interoperable solutions for ‘ACCount-based travelling in European Public Transport'. ACCEPT Institute is founded in November 2017 and is the successor to the Open Ticketing Institute (OTI). OTI was the outgrowth of an initiative from Trans Links Systems from the Netherlands. Goal was to act as a knowledge centre for e-ticketing and cooperation between e-ticketing schemes and authorities in Europe.