USA Technologies, Inc. (NASDAQ: USAT), (“USAT”), a leader of wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries, today announced that it earned the top award for the vending category at the 2013 Connected World Value Chain Awards last week in Santa Clara, California.
The Connected World magazine Value Chain Awards honor the most successful corporate adopters of M2M technology and connected devices as well as the solution providers that help make their technology adoption a success. The awards recognize the process of combining multiple technologies, such as device-connectivity hardware, network services, as well as application software and infrastructure, to create a winning solution for the end customer based on quantifiable results. Entries were judged by a panel of industry experts and analysts.
USAT’s gold award featured value chain partners Verizon Wireless and Telit Wireless Solutions as solution providers that helped make adoption of USAT’s flagship technology and service offering, ePort Connect®, a success. ePort Connect ® is USAT’s comprehensive cashless payment and telemetry solution that is designed to meet the unique requirements of the small-ticket, unattended market. Features include integrated wireless and M2M functionality in addition to streamlined cashless payment, telemetry and consumer engagement services.
“Through effective collaboration with partners such as Verizon Wireless and Telit Wireless Solutions, USAT has continued to innovate on behalf of our customers to bring the benefits of the connected world to them with seamless simplicity and added value,” said Maeve McKenna Duska, USAT’s vice president of marketing. “The turnkey nature of USAT’s business model has been vital to our success and incorporates strong partners who support that vision. We are honored by the recognition at Connected World’s Value Chain Awards and are proud of our successful collaboration with Verizon Wireless and Telit Wireless Solutions as we focus on additional opportunities to expand on our work.”