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USA Technologies Inc. (USAT)

1.80 Up 0.02(1.12%) Aug 29, 4:00PM EDT
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USA Technologies Inc.
100 Deerfield Lane
Suite 140
Malvern, PA 19355
United States - Map
Phone: 610-989-0340
Fax: 610-989-0344

Index Membership:N/A
Industry:Business Services
Full Time Employees:50

Business Summary 

USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services principally to the small ticket unattended retail markets in the United States and internationally. The company principally provides ePort Connect, a service that facilitates electronic payment options, as well as telemetry and machine-to-machine (M2M) services to monitor, control, and report on the results of distributed assets containing electronic payment solutions. Its ePort Connect solution offers POS options, card processing, wireless connectivity, online sales reporting, M2M telemetry and DEX data transfer, over-the-air update, deployment planning, customer support, and value-added services. The company's turnkey solution also includes ePort, a device that is used in self-service and unattended markets comprising vending, amusement and arcade, car wash, and kiosk, as well as facilitates cashless payments by capturing payment information and transmitting it to its network for authorization with the payment system. Further, it manufactures and sells energy management products comprising VendingMiser and CoolerMiser, which reduce the electrical power consumption of equipment, such as refrigerated vending machines and glass front coolers. The company has strategic alliance with BYNDL Inc. USA Technologies, Inc. was founded in 1992 and is headquartered in Malvern, Pennsylvania.

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Key Executives 
Mr. Stephen P. Herbert , 51
Chairman, Chief Exec. Officer and Pres
Mr. David M. DeMedio , 43
Chief Financial Officer and Principal Accounting Officer
Mr. Michael K. Lawlor , 52
Sr. VP of Sales and Bus. Devel.
Mr. Cary Sagady ,
Sr. VP of Product Management and Network Solutions
Mr. Douglas M. Lurio Esq., 57
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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