USA Technologies, Inc. Advances Its Ranking As Point-Of-Sale Terminal Provider

Oct. 17, 2011
USA Technologies, Inc. has again improved its ranking among the world's leading shippers of point-of-sale (POS) terminals.

USA Technologies, Inc. has again improved its ranking among the world's leading shippers of point-of-sale (POS) terminals. The Nilson Report, a leading source of research on consumer payment systems worldwide, ranked USA Technologies 5th among the leading POS shippers in the United States, up from 6th in 2008 and 2009. Nilson also ranked USA Technologies 19th in the world in 2010, up from 31st in 2009 and 34th in 2008.

"Shipments of our award-winning ePort cashless payment technology, designed specifically for small-ticket, self-service, unattended retail locations, such as vending machines, kiosks, amusement and gaming, are growing alongside global giants included in the rankings such as VeriFone, Hypercom, Ingenico and First Data," said Maeve McKenna Duska, vice president of marketing, USA Technologies, in a prepared statement. "We experienced rapid shipment growth in our fiscal years 2010 and 2011, increasing connections to our network to 119,000 as of June 30, 2011. We believe that the latest ranking by Nilson is further proof of our leadership in the small-ticket, unattended retail markets."

"Over the past 12 to 24 months we have experienced what we believe may be the tipping point for cashless payments in small-ticket, unattended markets like vending," continued Duska. "We believe that demand for our unique, turn-key cashless hardware and services continued to increase during that period because it offers consumers greater ease and convenience, lowers costs for operators through improved efficiencies and increases sales by providing an additional way to pay. In addition to the increase in terminals shipped, our customer base has increased 83 percent from approximately 1,050 customers at June 30, 2010 to approximately 1,925 customers at June 30, 2011."

USA Technologies' ePort POS system is supported by its ePort Connect service -- the only one-stop, turn-key system for wireless, unattended cashless payments and telemetry in the small ticket unattended space. ePort Connect provides everything from account set-up and management, to online reporting and machine alerts, to 24/7 customer support.


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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