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发帖数: 531 | | a****g
发帖数: 8131 | | f*i
发帖数: 531 | 3 Verizon Wireless and USA Technologies Partner to Deliver Industry-Leading
Cashless Payment Services, M2M Solutions for Vending and Automated Retail
Industries
PHILADELPHIA--(BUSINESS WIRE)--Verizon Wireless and USA Technologies, Inc. (
NASDAQ: USAT) today announced a collaboration that the companies believe
will accelerate the adoption of small-ticket, wireless, cashless payment
services and machine-to-machine applications via USA Technologies’ ePort
Connect Service. The USA Technologies solution will now include the Verizon
Wireless network for connectivity that enables wireless point-of-sale
payments at vending machines via credit and debit cards.
“We look forward to working with them to offer a cost-effective, turnkey
solution to B2B customers looking to improve efficiencies and grow sales by
leveraging M2M applications that capitalize on the rapidly expanding market
for non-cash payment services.”
With more than 100,000 M2M (machine-to-machine) connections to their ePort
Connect service, USA Technologies is a leading provider of small-ticket,
wireless, non-cash transaction services to businesses and industries
including kiosks, hospitality, digital imaging and the $43 billion vending
machine industry.
Additionally, USA Technologies expects to benefit from Verizon Wireless’
Machine to Machine Management Center portal managed through nPhase, a
Verizon Wireless - Qualcomm joint venture and pioneer in helping businesses
ease deployment and management of M2M applications.
“Our association with Verizon Wireless aligns us with a powerful leading
global brand in the wireless communications industry,” Stephen P. Herbert,
President and COO, USA Technologies said. “In addition to providing our
customers with the reputable service that Verizon has built its brand on, we
believe that the sales agreement will enable us to increase our sales reach
by having our ePort Connect cashless payments service now included in the
Verizon sales toolkit. This represents an important milestone for USA
Technologies as consumers continue to adapt to using credit or debit cards
for small-ticket, wireless point-of-sale transactions.”
According to an industry census published by Vending Times, a trade
publication that follows the vending industry, vending machines in the U.S.
generated almost $43 billion in revenue in 2009.
“USA Technologies is a proven leader in the cashless payment technology
space so it made perfect sense that they align themselves with a wireless
service provider with unmatched reliability to help power that technology,”
said Mario Turco, Regional President for Verizon Wireless in Philadelphia.
“We look forward to working with them to offer a cost-effective, turnkey
solution to B2B customers looking to improve efficiencies and grow sales by
leveraging M2M applications that capitalize on the rapidly expanding market
for non-cash payment services.”
Verizon offers wireless and wireline products and services that provide
enterprise and government customers in a variety of industries with the
networking capabilities they require to keep their organizations running at
top speeds today and in the future. For more information about Verizon
products and services for business, visit www.verizonwireless.com/business. |
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