MALVERN, Pa.--(BUSINESS WIRE)--USA Technologies, Inc. (NASDAQ:USAT), a premier payment technology service provider of integrated cashless and mobile transactions in the self-service retail market, today announced Lincoln County Vending has agreed to expand its relationship with USAT to a strategic partnership and upgrade additional machines to ePort Connect®. To date, with approximately 95 percent of the additional deployment completed, Lincoln County Vending has seen a migration of 23 percent of its average machine sales to cashless usage.
Lincoln County Vending, a Canteen Franchisee, is a premier vending company in the southern and middle Tennessee area, providing a variety of brand name products from snack, beverage, and food machines to businesses in Fayetteville and surrounding areas. Through USAT, Lincoln County Vending will now accept cash, credit/debit cards, and contactless payments, including mobile wallet payments such as Android Pay and Apple Pay, through its NFC-capable ePort Connect® cashless payment system.
“For twenty years, we have remained committed to bringing our customers the most advanced technology, the best products customized to their needs, and the best service possible,” said Kevin Posey, operations manager for Lincoln County Vending. “Enabling consumers to pay with their preferred payment method, whether it be card, mobile phone or cash, doesn’t just ensure we are delivering on that promise, but makes sound business sense. By equipping our machines with USAT’s ePort Connect, we are already seeing an increase in sales, while gaining greater visibility into purchase behavior of our consumers to ensure we’re meeting their needs. Deployment has been fast and easy, and we couldn’t ask for a better partner than USA Technologies.”
As part of the agreement, Lincoln County has signed up for USAT’s Premium Support Service offerings, which provides customers access to a bundle of best-in-class support services including deployment planning, project management, installation support, training, tools specific to the marketing of cashless programs, and marketing support/consultation, mobile payment and loyalty programs and, in some cases, funding support.
“Lincoln County Vending is a perfect example of the kind of innovative, customer-minded companies joining our roster of retailers choosing to offer cashless payment options on every one of their machines,” said Maeve McKenna Duska, senior vice president of Marketing, USA Technologies. “We look forward to continuing to help Lincoln County Vending improve businesses processes, increase efficiencies and grow revenue in ways we believe are possible through ePort Connect.”
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About USAT’s Premium Support Service:
USAT’s Premium Support Service bundles USAT’s best-in-class services to ensure the most effective deployments of USAT’s cashless technology through cohesive planning that maximizes returns. Services include USAT’s Model Market program for planning, project management, installation support, and marketing support; integration of deployment planning, installation and performance optimization; access to USAT’s flagship Knowledge Base data; and customized reporting in support of deployment, and DEX project management. USAT’s Premium Support Service is available to customers that have made a commitment to connect a significant portion of their locations to USAT’s service.
About ePort Connect®:
USAT’s ePort Connect service is a PCI-compliant suite of cashless payment and telemetry services specially tailored to fit the needs of self-serve retail industries. Designed to be a “one-stop shop,” services offered through ePort Connect include wireless and merchant account setup, simplified processing rates, settlement and reconciliation, 24 x 7 customer service and a host of value-added services including mobile payment, loyalty programs and integrated payment services for micro-markets and other POS devices.
About USA Technologies:
USA Technologies, Inc. is a premier payment technology service provider of integrated cashless and mobile transactions in the self-service retail market. The company also provides a broad line of cashless acceptance technologies including its NFC-ready ePort® G-series, ePort Mobile™ for customers on the go, ePort® Interactive, and QuickConnect, an API Web service for developers. USA Technologies has 76 United States and foreign patents in force; and has agreements with Verizon, Visa, Chase Paymentech and customers such as Compass, AMI Entertainment and others. The company recently acquired Cantaloupe Systems, Inc. a premier provider of cloud and mobile solutions for vending, micro markets, and office coffee service. For more information, please visit the website at www.usatech.com.