High-end Athletic Shoe Boutique's Amusement Kiosks See Initial Revenue Nearly Double After One Month of Installing ePort® Technology
According to AnythingResearch, the amusement arcades market is
approaching being a
One month after installing USAT's state-of-the-art ePort Connect
cashless payment systems onto a small number of the store's amusement
machines, sales nearly doubled, with cashless transactions accounting
for about 45 percent of the machines' intake. Given the positive
results, the company now plans to expand its business over the next two
years with additional machines at a variety of
Implementing ePort Connect on its kiosks has given Sneaker Syndicate the ability to track the acceptance of cash, credit/debit cards, NFC and mobile wallet payments such as Apple, Android and Samsung Pay. The connected nature of the devices also gives the growing company critical remote access to sales and payout data for all of its machine locations.
"The opportunity for the unattended retail market is greater than ever.
In the amusement and gaming industry, going cashless not only enables
more payment options, and increased revenue potential, but also allows
for the sale of game credits. Additionally, the MORE loyalty program
facilitates repeated sales of games," says
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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.
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, inventory 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.
"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 use of the ePort, including increased revenue potential and marketing opportunities, will not be realized by all amusement kiosk operators and on all amusement kiosks, or within the expected time period; whether our customers' business growth will match their projections; the accuracy of third-party estimates of the size of the amusement and arcades market; and the accuracy of our estimates regarding the extent of the barriers to adoption of cashless payments faced by the amusement kiosk industry. 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 unanticipated events.
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