Crane Merchandising Systems And USA Technologies Inc. Announce Cashless Vending Solution

June 7, 2011

Crane Merchandising Systems, Inc. and USA Technologies, Inc. announced a 3-year agreement to deliver a combined cashless vending solution to Crane customers in North America. Under the agreement, USA Technologies will provide card processing, wireless communications and data services under its ePort Connect Service for Crane’s customers utilizing the new Currenza® cashless bill validator/card reader.

In addition, USAT will provide certain hardware solutions and grant Crane a license for designated USAT patents.

“USA Technologies is delighted to work with Crane," said George R. Jensen, chairman and CEO, USA Technologies in a prepared statement. "We are combining our best-in class solutions, exceptional service and innovation, to bring to customers a proven cashless payment solution. The offering provides the cashless convenience consumers want and the comprehensive, integrated and easy-to-implement services that operators need to be successful.”

“Crane’s new Currenza® cashless bill validator/card reader, aligned with USAT’s leadership in payment processing and telemetry services for vending, will provide a great value option to our customers. With our other offerings, this package further\ implements our strategy to support open standards for vending,” stated Brad Ellis, president of Crane Merchandising Systems.

USA Technologies’ ePort Connect Service a payment and M2M telemetry service.

It is an “open” platform, providing payment and telemetry solutions in concert with four device manufacturers, several payment processors and three wireless services providers.

The ePort connect service is PCI Level 1 compliant, providing a portfolio of services which enable vending, kiosk, and other self-serve retail machines to accept cashless payments, handle all elements of transaction processing, wireless connectivity and consumer support.

USA Technologies’ ePort Connect Service remotely syncs DEX data with Crane’s VendMAX® vending management software suite, which provides vending route management, inventory control, pre-kitting, and dynamic route scheduling to vending operators.


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Crane Merchandising Systems

June 1, 2011
Crane Co. is a diversified manufacturer of highly engineered industrial products.
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USA Technologies

May 30, 2007
USA Technologies is a proven leader in secure Cashless Transactions Unattended Point-of-Sale, Networked Services, and Energy Conservation Solutions