This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

USA Technologies Announces Upgrades To Its Market Leading EPort Connect Service Platform

Stocks in this article: USAT

USA Technologies, Inc. (NASDAQ: USAT), (“USAT”) a provider of wireless, cashless payment and M2M telemetry solutions for self-serve retail industries such as vending, commercial laundry, amusement and kiosk today announced broad-based enhancements to its “one-stop” service, ePort Connect®. The enhancements further position USAT customers for the emerging trends in mobile payment, consumer engagement programs such as loyalty and rewards and expanded use of operational data as self-serve retail businesses continue to develop a valued network of connected, cashless payment consumer touchpoints in the years ahead.

Recent enhancements include:

  • New features added to USAT’s recently launched prepaid and loyalty program, MORE. ;
  • Added capability of the ePort Connect platform to accept mobile payment with mobile-based rewards;
  • Micro-market and other cashless payment applications that expand USAT’s ePort Connect service to a broader audience;
  • A host of new features to ePort Connect’s customer reporting portal, USALive®; and
  • Release of ePort Mobile™ versions 2.0, for both IOS and Android smartphones and tablets, for customers who have the need for mobile payment acceptance.

“USAT has been providing cashless payment and telemetry solutions in self-serve retail markets for more than a decade, so the capabilities and scale we’ve created in this area now allow us to dedicate a great deal of our development work to value-added services that expand opportunities for our customers,” said Cary M. Sagady, USAT’s senior vice president of product management and network services.

“This latest wave of enhancements reflects our view that a networked cashless platform can provide immeasurable benefits to self-serve retail. Whether the opportunity lies in mobile or card-based loyalty programs, greater flexibility to connect to our service via QuickConnect™, or the operational and telemetry data available to them through our service, our goal is to ensure that our customers are poised to take advantage of those opportunities,” said Sagady.

MORE., USAT’s new loyalty and prepaid program launched in August, has been improved for customer campaign management and now includes:

  • Recurring campaigns,
  • Replenish bonus; and,
  • Bonus cash rewards.

Through MORE. , USAT customers have an opportunity to win and/or retain existing accounts through differentiated programs that can build loyalty, repeat business and a greater understanding of their consumers’ purchasing preferences.

Mobile payment: New technology created for USAT’s ePort® G-series of cashless acceptance devices accommodates loyalty data in tandem with mobile payment, such as the Isis SmartTap® technology for contactless payments, loyalty and rewards.

  • Recent over-the-air updates delivered via the ePort Connect service allow USAT customers to participate in what USAT believes to be the largest mobile payment and loyalty promotion ever developed for the U.S. vending industry, the " Fifth Purchase Free" promotion. USAT has already enabled over 62,000 locations and is targeting at least 80,000.

Micro-market and other payment integration. Through USAT’s web service, QuickConnect, more self-serve retail applications have the opportunity to use ePort Connect.

  • For USAT’s vending customers, USAT recently announced that customers of Revive Self Checkout can now seamlessly integrate their micro-market credit and debit card processing with their other cashless locations supported by USAT.

USALive: Users of ePortConnect’s web-based reporting portal, USALive, are benefiting from new features that give them more flexibility to optimize the operational and telemetry data collected from their networked cashless locations, including:

  • The ability to create product specific column mapping, or planograms, on their own. For example, customers can optimize MDB data to generate reports down to the product level to optimize space to sales per machine or customer.
  • New reporting features such as export format options, improved flexibility for saving custom-designed reports, new validation functionality to ensure reliable report delivery, as well as the ability to display column pricing on reports provide enhanced customer control of operational data for use in their business.
  • Control over the timing of DEX file transfers, giving customers utilizing vending management systems greater freedom to optimize time sensitive data at the fulfillment level.
  • The ability to control and edit device settings, enabling customers to fine-tune machine characteristics to specific locations and client needs. Examples include maximum amount per vend, single vend versus multi-vend settings, the ability to enable or disable two-tier pricing and, for pulse customers (such as amusement & arcade), the ability to set pricing remotely.
  • New DEX exception reports help business owners better manage operational issues by assessing DEX connectivity within the machine as well as expanded machine error detection for issues such as coin or bill jams.
  • Display of pending electronic fund transfers, for improved cash management.
  • Faster report generation and broader device search capabilities.

Mobile acceptance: USAT’s ePort Mobile solution allows customers to accept cashless payment via mobile devices.

  • ePort Mobile versions 2.0 for IOS and Android smartphones and tablets were recently released and are available for download on the iTunes app or Google play store, respectively. Enhancements to ePort Mobile include an entirely new, intuitive user interface, full transaction history, mapping features and receipt customization options.

ePort Connect is a PCI-compliant, end to end suite of cashless payment and telemetry services specially tailored to fit the needs of self-serve retail industries. Services offered through ePort Connect include wireless and merchant account setup, wireless, simplified processing rates, settlement and reconciliation, 24 x 7 customer service and a host of value-added services. For more information, contact USAT sales at 1-800-633-0340.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs