USA Technologies to Provide Cashless Services to JuiceBot
June 26 2017 - 8:15AM
Business Wire
Fresh Food Vendor to Leverage Quick Connect to
Enable Contactless Payments Through ePort Connect®
USA Technologies, Inc. (NASDAQ: USAT) ("USAT"), a payment
technology provider of cashless and mobile transactions in
self-serve retail, announced today that it is partnering with
JuiceBot, a California based technology company reimagining food
and beverage distribution systems. JuiceBot’s first kiosk machine
protects raw, cold pressed juice from light and heat oxidation
while eliminating pre-packaging. The company will be leveraging
USAT’s secure API, Quick Connect, to
quickly and securely process cashless transactions, track the
acceptance of cash, credit or debit cards, and mobile wallet
payments, such as Apple Pay, Samsung Pay, and Android Pay in order
to meet the needs of its customers.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170626005477/en/
SF based JuiceBot goes cashless with USA
Technologies (Photo: Business Wire)
“Our goal is to leverage technology to rethink the distribution
challenges that fresh food companies face, while expanding the
reach of juice bars and creating cash and cashier-less convenience
for customers on the go,” said Kamal Mohamad, founder and CEO,
JuiceBot. “USA Technologies has one of the most advanced payment
systems on the market for vending. The company’s expertise and
commitment to service allows us to focus on our core competency,
increasing affordability and access to 100 percent organic foods
and beverages.”
JuiceBot recognized the need to go cashless in part, due to the
inherent danger of handling raw foods – employees stocking the
machines with fresh ingredients should not be handling cash. By
implementing USAT’s Quick Connect, the company has been able to
remedy this situation without having to expand operations or create
its own cashless payment points. The company can now quickly
connect its specialty vending machines to the ePort Connect®
service for processing, reporting, loyalty and more.
"JuiceBot is a great addition to our growing roster of
non-traditional vending operators using USAT’s QuickConnect API to
bring the benefits of automation into traditional retail spaces. We
believe this tool saves our customers time, and streamlines
customer experiences, and creates an opportunity for resources to
be better utilized for higher revenues,” said Maeve McKenna Duska,
senior vice president of sales and marketing, USA Technologies.
“JuiceBot is creating a truly holistic experience for its juice bar
partners, helping them to delight customers who are already
accustomed to such effortlessness. We believe our partnership
illustrates the benefits USAT can bring to smart machine technology
like JuiceBot and other innovative technologies out in the
market.”
Useful Links:JuiceBot: http://www.juicebot.comUSA
Technologies: https://usatech.com/Twitter:
https://twitter.com/usa_techYouTube:
https://www.youtube.com/user/USATechnologiesResource Center:
https://usatech.com/resource-center/the-benefits
Sales and Partnership Inquiries:Please contact USA
Technologies, Inc. at +1 800.633.0340 or sales@usatech.com.
About ePort Connect®:USAT's ePort Connect service is a
PCI-compliant suite of cashless payment and telemetry services
specially tailored to fit the needs of self-serve retail
industries. Designed to be a "one-stop shop," services offered
through ePort Connect include wireless and merchant account setup,
simplified processing rates, settlement and reconciliation, 24 x 7
customer service and a host of value-added services including
mobile payment, loyalty programs and integrated payment services
for micro-markets and other POS devices.
About USA Technologies:USA Technologies, Inc. is a
premier payment technology service provider of integrated cashless
and mobile transactions in the self-service retail market. The
company also provides a broad line of cashless acceptance
technologies including its NFC-ready ePort® G-series,
ePort® Connect, ePort® Interactive, QuickConnect, an API Web
service for developers, and MORE., a customizable loyalty
program. USA Technologies has 77 United States and foreign patents
in force; and has agreements in place with AMI Entertainment, Chase
Paymentech, Compass, MasterCard, Verizon, Visa and many others. For
more information, please visit the website
at www.usatech.com.
About JuiceBot:JuiceBot is an automated kiosk
approved under NAMA (FDA code) that can serve raw and organic
beverages in an unattended retail format. JuiceBot works
with local and sustainably sourced juice bars around the
country to distribute their juice via kiosk,
allowing juice companies to effectively
scale while providing customers with convenient and
healthy options.
Forward-looking Statements:"Safe Harbor" Statement under
the Private Securities Litigation Reform Act of 1995: All
statements other than statements of historical fact included in
this release, including without limitation the business strategy
and the plans and objectives of USAT's management for future
operations, are forward-looking statements. When used in this
release, words such as "anticipate," "believe," "estimate,"
"expect," "intend," and similar expressions, as they relate to USAT
or its management, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of USAT's
management, as well as assumptions made by and information
currently available to USAT's management. Actual results could
differ materially from those contemplated by the forward-looking
statements as a result of certain factors, including but not
limited to, the ability of USAT to predict future market conditions
and consumer behavior; the possibility that all of the expected
benefits and efficiencies from the use of the API Quick Connect
will not be realized by all vending operators and on all vending
machines, or within the expected time period; whether, and the
extent to which use of the API Quick Connect would increase
revenues for its customers. Readers are cautioned not to place
undue reliance on these forward-looking statements. Any
forward-looking statement made by us in this release speaks only as
of the date of this release. Unless required by law, USAT does not
undertake to release publicly any revisions to these
forward-looking statements to reflect future events or
circumstances or to reflect the occurrence of unanticipated
events.
--G-USAT
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170626005477/en/
For USA Technologies, Inc.:Media:ANW NetworksMelissa Hourigan,
+1 720.988.3856melissa@anwnetworks.comorInvestors:The Blueshirt
GroupMike Bishop, +1 415.217.4968mike@blueshirtgroup.com
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