(USAT) USA Technologies Inc.4.15 -0.20
USA Technologies, Inc. is a provider of technology-enabled solutions that facilitate electronic payment transactions and value-added services primarily within the unattended Point of Sale (POS) market. The Company is a provider in the small ticket, beverage and food vending industry. The Company has designed and marketed systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services, which include the ability to remotely monitor, control, and report on the results of distributed assets containing its electronic payment solutions. The Company also manufactures and sells energy management products that reduce the electrical power consumption of equipment, such as refrigerated vending machines and glass front coolers. As of June 30, 2012, the Company had approximately 164,000 connections to its ePort Connect service.