USA Technologies Ranks 5th In U.S. For POS Terminal Shipments In 2011

Oct. 25, 2012

USA Technologies, Inc. (USAT) has been ranked as one of the top five shippers of point-of-sale (POS) terminals in the U.S.

The Nilson Report, a leading source of research on consumer payment systems worldwide, again ranked USAT fifth among the leading POS shippers in the U.S. for calendar year 2011. On a worldwide basis, USAT was ranked 30th.

"Placements of our ePort® cashless payment terminals, such as our NFC-enabled ePort G8, continue to drive adoption in the unattended, small-ticket market as operators of these traditionally cash-based operations experience the many benefits our solutions can bring to their businesses," said Maeve McKenna Duska, vice president of marketing for USA Technologies, in a prepared statement. "We believe that USAT's ranking in the U.S. alongside global names such as VeriFone, Ingenico and First Data highlights our leadership role in the small-ticket, unattended space — a market we serve through a variety of POS options, mobile-based solutions and one-stop service," said Duska.

In addition to ePort EDGE and ePort G8 POS terminals, USAT's PCI-compliant, cashless payments technology portfolio also includes QuickConnect™, an API Web service, all of which integrate with ePort Connect®, USAT's comprehensive service platform designed specifically for small-ticket, self-service unattended retail locations such as vending and kiosk. During USAT's last fiscal year ended June 30, 2012, connections to USAT's ePort Connect service grew by 38 percent to 164,000 connections, with 224,000 connections targeted by the end of the current fiscal year ending June 30, 2013.