New Generation ePort Designed to Bring More Value with Greater
MALVERN, Pa.--(BUSINESS WIRE)--
Technologies, Inc. (NASDAQ:USAT) ("USAT"), a payment technology
provider of cashless and mobile transactions in self-serve retail, today
announced the availability of the ePort® Connect Platform's G10-S
Series, which has been certified for use on the Verizon Wireless 4G LTE
network. This latest generation ePort
introduces advances in cashless payment processing, as well as mobile
wallet and consumer engagement services. The new features are designed
to capitalize on advances in both wireless technology and smartphone
devices that make connecting businesses to consumers, and consumers to
businesses, as frictionless as ever.
Highlighted services includes:
The ePort G10-S is the first 4G LTE cashless payment device in the
unattended small-ticket retail industry. Nationwide availability of
the G10-S is expected in February 2017, and would enable USAT to offer
its customers faster processing and enhanced functionality, and make
it possible to support the sophisticated value-added services of ePort
Connect as technology and consumer requirements evolve.
The nationwide availability of the G10-S would enable USAT to offer
its customers enhanced functionality for payment and consumer
engagement applications that require higher speeds and large data
loads; and make it possible to support certain add-on features as
technology and customer requirements evolve. Another major advantage
of upgrading to LTE is that it provides a minimum ten-year network
USAT's ePort G10-S features Apple
Pay loyalty integration with the MORE. loyalty program. The ePort
G10-S device arrives ready to accept the next generation MORE. loyalty
and payroll deduct platform via Apple Pay, which was announced and
demonstrated last week at CES 2017.
The ePort G10-S operates on a stronger wireless signal than ever. The
new design includes a second "diversity antenna" giving it the ability
to connect to wireless networks over farther distances than devices
with a single antenna.
Through USAT's augmented MORE. loyalty program, brands have the
ability to reach targeted consumers directly, impacting buying
behavior through their smartphones. The push messaging features,
enhanced by new functionality in the G10-S, can even reward consumers
instantly for acting upon the messaging. These capabilities are
designed to help operators increase sales and participation at the
point of sale, collect and report on purchasing behavior for brands,
and seamlessly reward consumers in a relevant and targeted manner.
USAT's platform gives vending operators the ability to accept many
payment methods, whether a consumer prefers to use credit, debit,
Apple, Android or Samsung Pay or even one of the many closed loop
loyalty, campus cards and payroll deduct programs integrated with
USAT's MORE. program, ePort devices are ready to accept the payment in
a PCI Level 1 secure environment and the G10-S processes the
transaction faster than ever before.
"Investing in 4G LTE and mobile wallet loyalty means investing in the
future - not just ours but our customers'," said Stephen P. Herbert,
Chairman and CEO, USA Technologies. "By adding G10-S to our portfolio we
believe that we can offer an even more robust suite of services with
greater capabilities, combined with powerful processing and an enhanced
consumer loyalty experience. USA Technologies is continually striving to
add value for our customers by staying ahead of the technology curve.
G10-S provides our customers with the latest in wireless technology as
well as providing them access to our growing suite of services."
USAT's ePort Connect provides seamless, turnkey cashless payments and
telemetry services at nearly 450,000 locations nationwide. The company
currently has one of the largest footprints of NFC-enabled mobile
payments acceptance points in the U.S. market with over 300,000
NFC-equipped merchant locations at corporate complexes, universities,
laundromats, in-store kiosks, and theme parks, among others.
The ePort G10-S was certified for use on the Verizon Wireless network at
the Verizon Labs facility in Bedminster, N.J.
The G10-S is expected to be available in
February 2017. For more information, please call +1 800-770-8539.
USA Technologies: https://usatech.com/
Sales and Partnership Inquiries:
Please contact USA
Technologies, Inc. at +1 800.633.0340 or firstname.lastname@example.org.
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 78 United States and foreign patents in force; and has
agreements with Verizon, Visa, Chase Paymentech and customers such as
Compass, AMI Entertainment and others. For more information, please
visit the website at www.usatech.com.
"Safe Harbor" Statement under
the Private Securities Litigation Reform Act of 1995: All statements
other than statements of historical fact included in this release,
including without limitation the business strategy and the plans and
objectives of USAT's management for future operations, are
forward-looking statements. When used in this release, words such as
"anticipate," "believe," "estimate," "expect," "intend," and similar
expressions, as they relate to USAT or its management, identify
forward-looking statements. Such forward-looking statements are based on
the beliefs of USAT's management, as well as assumptions made by and
information currently available to USAT's management. Actual results
could differ materially from those contemplated by the forward-looking
statements as a result of certain factors, including but not limited to,
the ability of USAT to predict future market conditions and consumer
behavior; the possibility that all of the expected benefits and
efficiencies from the ePort G10-S will not be realized by all vending
operators and on all vending machines or within the expected time
period; whether, and the extent to which, push messaging features would
increase sales and participation at the point of sale; and the ability
of USAT to operate without infringing or violating the intellectual
property rights of others. Readers are cautioned not to place undue
reliance on these forward-looking statements. Any forward-looking
statement made by us in this release speaks only as of the date of this
release. Unless required by law, USAT does not undertake to release
publicly any revisions to these forward-looking statements to reflect
future events or circumstances or to reflect the occurrence of
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For USA Technologies, Inc.:
Hourigan, +1 720-988-3856
Mike Bishop, +1 415-217-4968
Source: USA Technologies, Inc.
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