Other Breaking News
CardFlash News Briefs: CSI (IPS); ALLIED WALLET (Ecwid); USAT (Downey); and SHOPKEEP (CEO).
USAT MORE
USA Technologies (USAT) is expanding its proprietary MORE rewards and loyalty program to partners nationwide, providing access to custom rewards and discount programs for all 333,000 locations connected to the ePort Connect service.
Other Breaking News
In today’s CardFlash News Que: SYNCHRONY (Sleepy’s); TSYS (Tangerine); DH (Ripple); and USAT (Canteen).
Cashless Self-Serve Soars
Self-serve sales continued to increase as USA Technologies’ (USAT) ePort terminals reports average annual cashless sales are up from $2,719 as of May 2014 to $3,477 as of May 2015 (28%). Consumers are spending, on an average, 32 percent more when they pay with a card versus cash.
USAT & CCS
PA-based USA Technologies (USAT) has inked a multi-year agreement strategic deal with Chase Commerce Solutions (CCS). The agreement will give USAT a bigger reach for products and services domestically as well as outside the U.S and CCS will gain access to a new customer base via the unattended self-service retail market space.
USAT Milestone
PA-based USAT Technologies continues on its path to reaching its three-year goal of 500,000 connections. The Company is the top provider of wireless, cashless payment and M2M/IoT solutions for small-ticket, self-serve retailing industries.
USAT ePort
USAA Technologies has landed a big upgraded contract with Southern Refreshment Services. The latest agreement builds on an already successful, 10-year relationship between the two companies.
USAT Q4/14
USA Technologies reported total revenue and license fees climbed 21% year-on-year in the fourth calendar quarter. USAT also announced it executed an agreement on February 13th with an equipment leasing company to finance its QuickStart program.
USAT Q3/14
USA Technologies (USAT) reported a 31.4% increase in transaction volume for the third quarter, up 31.4% over one-year ago. Total revenue of $12.3 million, represented a year-over-year increase of 21.0%.
SpyderWash® Elite
PA-based USA Technologies unveiled a mobile payments, offers and loyalty program with Softcard designed for the multi-billion dollar commercial laundry market. Under the program, consumers using Setomatic Systems’ new SpyderWash Elite laundry machines enabled with NFC and SmartTap®mobile commerce technology will receive a 25% discount on purchases made with the Softcard app.
USA Technologies Announces Latest ePort Connect Client
USA Technologies announced its loyalty and prepaid program, MORE., is now integrated with AirVend’s interactive touchscreen point-of-sale device. The combined solution is designed to provide customers of AirVend added convenience, choice and new revenue opportunities. MORE. lets users of ePort Connect offer their consumers rewards and discount offers for products purchased at their cashless-enabled locations, thus building loyalty, repeat business and a greater understanding of their consumers’ purchasing preferences. MORE. is offered as an extension to USAT’s comprehensive ePort Connect® service, a one-stop cashless payment service that now supports more than 6,650 customers.
USA Tech Expands ePort
USA Technologies, Inc. today announced commercial availability of ePort Online, another new capability added to USAT’s comprehensive ePort Connect® service. ePort Online was designed to alleviate some of the time and effort USAT customers spend processing and following up on payment for invoiced services such as delivery services, equipment sales, catering services and more. USA Technologies is a leader of wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries. ePort Connect® is the company’s flagship service platform, a PCI-compliant, end-to-end suite of cashless payment and telemetry services specially tailored to fit the needs of small ticket, self-service retailing industries.