Thursday, November 21, 2013

USA Technologies, Inc. (USAT) Ranked Fifth in Nation and 26th in World for POS Terminal Shipments

Wireless, cashless payment, and M2M telemetry solutions leader USA Technologies announced it has been ranked as one of the The Nilson Report’s top five shippers of point-of-sale (POS) terminals in the United States.

The Nilson Report is a leading research source relating to consumer payment systems throughout the world. The rankings for the 2012 calendar year list USAT as No. 5 among leading POS shippers in the U.S. On a global basis, the company has moved up six places since 2011, when it was ranked 32nd in the world; for 2012, USAT is ranked 26th in the world.

“We believe USAT’s ranking in the top five for U.S. shipments is indicative of the growing interest in cashless payment and telemetry in the markets we serve,” said Maeve McKenna Duska, vice president of marketing for USA Technologies. “We feel privileged to be ranked alongside top global players such as Ingenico, VeriFone, Equinox Payments and First Data – and to be one of the two in the top five that showed increased volumes in the U.S. for 2012.”

The company’s ePort is a cashless payment system driving connections to ePort Connect, which is a PCI-compliant, comprehensive suite of cashless payment, telemetry and consumer engagement services designed to simplify the transition to cashless. Customers and connections to ePort Connect service have grown at a compound annual growth rate of 65 percent and 35 percent, respectively, over the past three years, as of Sept. 30, 2013.

For more information about USAT, visit www.usatech.com

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