USA Technologies (USAT) announced the launch of the ePort Generation
Eight (G8) and ePort Edge.
Both new ePort devices were developed based on customer and industry
requests and place USAT as a provider of transaction processing in the
unattended point of sale industry.
The Generation Eight (G8) is the third G series ePort device to offer a
cashless transaction solution for unattended point of sale appliances
that integrates a new quad-band radio, contactless card reader (RFID),
with the traditional swipe card process. The ePort G8 provides the same
benefits of the ePort G7 plus important new features to their customers.
The ePort Edge has completely re-engineered the G Series of ePort
devices into a one piece design, which is substantially smaller than
any existing device on the market. The ePort Edge was developed
specifically for those in the vending industry who want to bring their
customer a magnetic swipe only cashless system.
"Customers who are using our earlier G series, G6 and G7, are
experiencing impressive results, including 20 percent, 30 percent and
in some cases 50 percent increases in year-over-year sales revenue
growth," said George R. Jensen, Jr., Chairman and CEO, USA Technologies.
"We've invested heavily in market research, listening to and
researching the needs of our current customers, potential customers and
unattended point of sale industries beyond vending. We took this
feedback and used the information to help develop both the G8 and Edge
devices," said Jensen. "We intent to stay focused on our customer's
needs in order to bring them the best products and services to help
them grow their businesses."
USA Technologies' new ePort G8 accepts both traditional magnetic stripe
credit cards and credit cards with tap-and-go technology, including
MasterCard's PayPass, American Express' ExpressPay, Visa's Contactless,
Chase Bank's Blink and Discover Network's Contactless technology.
"The G8 ePort and ePort Edge, with their new enhancements, build upon
the market-leading ePort series of products, which are installed in
roughly 30,000 locations across the U.S., and are handling millions of
credit card transactions," said Jensen. "The enhancements for these
products were built upon different sets of needs of our current market
space and now in to others that are further reaching. The G8 fits well
in locations where consumers are more adept at using contactless
payment devices such as universities, entertainment venues and
corporate facilities, and it also opens doors to other cash-only
industries that are even larger than the $46 Billion vending market.
The ePort Edge device was developed focusing squarely on accelerating
adoption. With a $199 price point we have made it easy for vending
operators to add credit card acceptance to the greater majority of
their machines."
USA Technologies is a provider in the networking of wireless non-cash
transactions, associated financial/network services and energy
management.
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