USAT Named Top 10 Retail Kiosk Solution Provider by Retail CIO Outlook
August 07 2019 - 8:00AM
Business Wire
Recognized for Best-in-Class Cashless Payment
and Services for Retail Kiosk Market
USA Technologies, Inc. (NASDAQ:USAT) ("USAT"), a cashless
payments and software services company that provides end-to-end
technology solutions for the self-service retail market, today
announced it has been named a Top 10 Retail Kiosk Solution Provider
for 2019 by Retail CIO Outlook magazine in its July 15, 2019
issue.
Recognized by the magazine for helping retail clients make the
transition to cashless payments and telemetry so they do not miss a
sale, USAT provides ePort Connect, a complete suite of cashless
payment, telemetry, and value-added services for the self-serve
retail market which includes kiosks, vending machines, micro
markets and more. The PCI compliant service platform with built-in
NFC capabilities handles all the card processing and settlement for
clients. USAT also provides an advanced, cloud-based interactive
media and content delivery management system, called ePort
Interactive, which takes care of the delivery of remote refunds and
enables robust, multimedia marketing campaigns.
“Thanks to new technologies and consumer demand for
personalized, self-serve retail options, the retail kiosk market
has grown into a multi-layered segment of the self-service market
covering a wide variety of items including electronics, over the
counter medicines, and more,” said Stephen P. Herbert, CEO of USA
Technologies. “We are thrilled to be recognized by Retail CIO
Outlook as a Top 10 Retail Kiosk Solutions Provider, as we enable
retailers and operators of all sizes to implement smart kiosk
solutions that not only align with consumer preferences but also
streamline business operations through a secure, best-in-class,
end-to-end payment and logistics enterprise solution.”
In Retail CIO Outlook’s July 30, 2019 announcement of USAT’s
inclusion in the ranking, Katie William, Managing Editor of Retail
CIO Outlook magazine, noted, “We take pride in honoring USA
Technologies, Inc. as one of the Top 10 Retail Kiosk Solution
Providers for 2019. The evolving needs of today’s increasingly
digitally engaged shoppers is drastically impacting the role that
kiosk technology plays in helping retailers drive business value
and gain market share. As a leader in secure, unattended cashless
transactions for the self-serve retail market, USAT provides the
industry’s most comprehensive suite of services designed to connect
your business to more sales, better operating data, and stronger
consumer relationships."
Retail CIO Outlook aims to allow high-level executives across
industries to share their insights, helping technology, business
leaders, and the start-up ecosystem with analysis on information
technology trends and provide a better understanding of the role
that retail plays in achieving business goals.
About USA Technologies, Inc.
USA Technologies, Inc. is a cashless payments and software
services company that provides end-to-end technology solutions for
the self-service retail market. With nearly one million connections
worldwide, USAT is transforming the unattended retail community by
offering one solution for payments processing, logistics, and
back-office management solutions. The company’s enterprise-wide
platform is designed to increase consumer engagement and sales
revenue through digital payments, digital advertising and customer
loyalty programs, while providing retailers with control and
visibility over their operations and their inventory. As a result,
customers ranging from vending machine companies, to operators of
micro-markets, car charging stations, laundromats, kiosks,
amusements and more, can run their businesses more proactively,
predictably, and competitively.
About Retail CIO Outlook
Published from Fort Lauderdale, FL, Retail CIO Outlook is a
technology magazine, which gives information about new enterprise
solutions that helps the technology, and business leaders to
achieve business goals. A panel of experts and board members of
Retail CIO Outlook magazine finalized the “Top 10 Retail Kiosk
Solution Providers 2019” and shortlisted the best vendors and
consultants in the Retail industry. For more information visit:
www.retailciooutlook.com
Useful Links
USA Technologies: https://usatech.com/ Twitter:
https://twitter.com/usa_tech YouTube:
https://www.youtube.com/user/USATechnologies Resource 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; the ability of USAT to
estimate the size of the addressable market; 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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Emily Porro 347-346-3663 emily@porrocomms.com
USA Technologies (NASDAQ:USAT)
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