This Day On The Street
Continue to site
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

USA Technologies Adds Secure Card Tokenization With Latest Network Upgrade Of EPort Connect

USA Technologies, Inc. (NASDAQ: USAT), (“USAT”), today announced another wave of enhancements to its market-leading ePort Connect service that expand and strengthen its menu of value-added cashless payment, telemetry and consumer engagement services designed for self-serve retailing industries such as vending, amusement and arcade, commercial laundry and kiosk.

The upgrade, available to customers as of February 28, includes special enhancements such as secure card tokenization, new capabilities designed to optimize USAT’s loyalty and prepaid program, MORE ., in micro-market environments and new operational tools designed to provide customers additional real-time data about the status of their connected devices. Information regarding some of the latest enhancements to ePort Connect® follows.


Tokenization is a process by which the primary account number (PAN) of a credit or debit card is replaced with a surrogate value—called a token. Using tokenization, critical credit card data is tokenized upon transaction, giving each consumer’s card data a unique numeric identifier. Tokenization has become recognized as an effective way to increase security of credit card transactions. For example, in a February, 2014 statement before the U.S. House of Representatives’ Energy and Commerce Committee, Subcommittee on Commerce, Manufacturing and Trade, Bob Russo, General Manager of the Payment Card Industry Security Standards Council, noted: “Tokenization and point-to-point encryption remove or render payment card information useless to cyber criminals, and work in concert with other PCI Standards to offer additional protection to payment card data.”

Stephen P. Herbert, chairman and chief executive officer of USAT, commented, “We want our customers to know that best-in-class security measures are always top of mind as we continue to innovate our ePort Connect service platform. For our vending, kiosk and mobile customers, tokenization adds another level of security beyond the combination of PCI compliance, USAT’s end-to-end encryption and other levels of security USAT takes to protect the interests of our customers and their consumers.”

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs