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USA Technologies Expands Cashless Payment Services In Kiosk Market With Eaton Corporation’s Electric Vehicle Charging Stations

USA Technologies, Inc. (NASDAQ: USAT), (“USAT”), a leader of wireless, cashless payment and machine to machine (M2M) telemetry solutions for small-ticket, self-serve retailing industries, has expanded its cashless payment and M2M services in the kiosk market with electric vehicle stations sold by existing customer, Eaton Corporation (“Eaton”). Eaton, whose AC Level 2 Electric Vehicle charging stations already include an option for USAT’s ePort® technology for secure, cashless payment acceptance, has recently added their new, high-powered DC Quick Charger to this cashless lineup.

Eaton is a leader in the establishment of public electric vehicle charging infrastructure in North America and continues to expand its North American footprint. According to Eaton’s website, its DC Quick Charger provides fast and convenient electric vehicle charging with the ability to charge a vehicle’s battery to 80 percent capacity in as little as 30 minutes. Using USAT’s ePort technology, Eaton’s latest DC Quick Charger now includes an option for magnetic credit card swipe acceptance and offers consumers the opportunity to pay through time-based intervals or a flat rate.

“Our work with Eaton is an excellent example of how we are extending the versatility of our ePort technology and services to the unattended kiosk market,” commented Michael Lawlor, Senior Vice President of Sales and Business Development for USA Technologies. “We believe that kiosk solutions are growing in both popularity and functionality fueled, in part, by improved wireless capabilities and the ability of kiosk consumers to use forms of payment other than cash. USAT’s turnkey approach to cashless, which was specifically designed for the unattended space, takes the complexities of cashless off our customers’ hands, enabling market leaders like Eaton to focus on what they do best,” said Lawlor.

“Eaton was looking for a supplier that could provide an end-to-end solution, including a compact, PCI compliant card processing solution for a truly stand-alone commercial electric vehicle charging station,” said Tracee Humes, product manager, Eaton Electric Transportation Infrastructure. “Eaton found that USAT not only met this need, but they had the proven experience in small-ticket transactions and the turnkey suite of services required by our electric vehicle charging operators.”

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