USA Technologies and CSC ServiceWorks Announce Supply Agreement
February 04 2019 - 7:30AM
Business Wire
Agreement to Enhance CSC’s Air Vending
Machines with Next Generation Cashless Payments via USAT’s ePort
Connect Service
USA Technologies (NASDAQ:USAT) ("USAT") a premier digital
payment, consumer engagement and logistics service provider for the
self-service retail market, and CSC ServiceWorks, Inc. (“CSC”), an
industry leader in commercial laundry solutions and air vending
services, today announced the completion of an ePort Supply
Agreement. Through the agreement, USAT will equip CSC’s air vending
machines with USAT’s state-of-the-art ePort Connect cashless
technology platform and upgrade the technology on other
machines.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190204005214/en/
CSC is a leading provider of home and commercial laundry
solutions as well as tire inflation and vacuum vending services at
convenience stores and gas stations with over one million machines
in service throughout the United States, Canada and Europe. Through
the partnership, CSC and its client base as well as its millions of
end user consumers will benefit from the reliability and security
of USAT’s industry-leading ePort cashless payment system on its
machines, designed to enable CSC and its clients to increase
revenues while significantly improving the consumer experience.
“We are thrilled to partner with CSC,” said Stephen P. Herbert,
Chief Executive Officer, USA Technologies. “As like-minded
companies, we are both focused on not only innovating our
industries, but are backed by a long history of product and service
excellence - USAT for cashless and connected technology (IoT) for
the unattended retail space, and CSC in the vended air and vacuum
systems space. We believe that our collaboration will enable both
of our companies to not only capture additional market share, but
help unattended merchants benefit from the power of enterprise
connectivity.”
“As a business, we are focused on expanding our innovation and
industry leadership by leveraging technology through our connected
machine strategy and delivering the ensuing benefits for our
clients and consumers to continue to obtain best-in-class
experiences,” said Taylor Doggett, Executive Vice President of
Field Technology at CSC ServiceWorks.
“Our partnership with USAT will enable us to increase machine
uptime and efficiency for greater customer satisfaction, in
addition to making it more convenient and reliable for consumers to
pay using their credit or debit card and mobile wallets like Apple
Pay and Google Pay.” said Najdat Haydar, Vice President of
Procurement and Supply Chain at CSC ServiceWorks.
About CSC ServiceWorks
CSC ServiceWorks, with over 1.4 million machines in service, is
the leading provider of commercial laundry solutions to the
multi-family housing and education markets as well as an industry
leader in air and vacuum vending services at convenience stores and
gas stations. CSC ServiceWorks has a workforce of over 3,000
dedicated professionals throughout the United States, Canada, and
Europe.
For more information about CSC ServiceWorks, visit
www.cscsw.com.
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 Mobile® for customers on the go, ePort®
Interactive, and QuickConnect, an API Web service for developers.
Through its acquisition of Cantaloupe Systems, Inc. ("Cantaloupe"),
the company also offers logistics, dynamic route scheduling,
automated pre-kitting, responsive merchandising, inventory
management, warehouse and accounting management solutions.
Cantaloupe is a premier provider of cloud and mobile solutions for
vending, micro markets, and office coffee services.
Useful Links:USA 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.
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; and the possibility that
all of the expected benefits and efficiencies from cashless payment
services, including increases in revenue, will not be realized by
all vending operators and on all vending machines or within the
expected time period. 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
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version on businesswire.com: https://www.businesswire.com/news/home/20190204005214/en/
Janine SavareseSavarese Communications for USA
Technologies908.461.5767jsavlowe@savcopr.com
Investors:Blueshirt GroupMonica Gould, +1
212-871-3927monica@blueshirtgroup.com
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