FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

JENSEN GEORGE R JR 		2. Issuer Name and Ticker or Trading Symbol

USA TECHNOLOGIES INC [ USAT ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CEO
(Last)          (First)          (Middle)

100 DEERFIELD LN, SUITE 140 		3. Date of Earliest Transaction (MM/DD/YYYY)

6/30/2011
(Street)

MALVERN, X1 19355
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   6/30/2011     G (1)    60716   (1) D $0   161542   D    
Common Stock   6/30/2011     J (2)    9602   (2) A $0   171144   D    
Common Stock   6/30/2011     J (2)    9602   (2) D $0   25827   I   By Trust  
Common Stock                  2000   I   By Spouse  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock     (3)                  10/10/2008     (3) Common Stock     (3)   35000   D    
Warrants   $2.2                    1/1/2010   12/31/2011   Common Stock   15000     15000   D    
Non-Qualified Stock Option (Right to Buy)   $7.5                      (4)   (4) Common Stock   50000     50000   D    

Explanation of Responses:
( 1)  Represents 30,358 shares of common stock gifted to each of his sons, Ronald and Burton.
( 2)  Represents shares distributed to Mr. Jensen from the George R. Jensen, Jr. Grantor Retained Unitrust dated July 16, 2003 pursuant to the terms thereof. The distribution represents an exempt transaction that is solely a change in the form of ownership of the shares, and not an acquisition or sale of any shares for value.
( 3)  Each share of Series A Convertible Preferred Stock is convertible into a hundredth of a share of Common Stock, and does not have an expiration date.
( 4)  The options may be excercised at any time within five years of vesting. The options vested as follows: 25,000 on 6/30/07 and 25,000 on 6/30/08.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
JENSEN GEORGE R JR
100 DEERFIELD LN
SUITE 140
MALVERN, X1 19355 		X
CEO

Signatures
/s/ George R. Jensen, Jr. 7/5/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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