Shop Talk: USA Technologies wants to take vending machines coinless
USA Technologies ePort cashless terminals let consumers pay at vending machines with credit cards and RFID or Near Field Communication technologies. Photo courtesy of USAT.
Have a pocketful of pennies and a hankering for a soda? Good luck.
Malvern-based USA Technologies (USAT) wants you to be able to pay with plastic or with a swipe of a cell phone at the vending machine.
The company, which manufactures payment systems that let consumers purchase goods with cards instead of cash, may be the next vending machine technology superstar you’ve never heard of.
Turns out USAT is a leader in the wireless, cashless payment market.
“This little Malvern company that’s in its infancy has a 90 percent market share,” USAT Chairman and CEO George Jensen tells Technically Philly.
