Includes ePort Connect® Service for over 1,400
vending machines and over 300 Vendors Exchange micro markets
equipped with the MORE® Consumer Loyalty program
USA Technologies, Inc. (NASDAQ:USAT) (“USAT”), a payment
technology provider of cashless and mobile transactions in
self-serve retail, today announced a strategic agreement with
Premier Food Service, a Canteen Franchise and leading foodservice
provider in Kansas, adding to its expanding list of customers that
are going cashless and building customer loyalty programs for
unattended retail experiences. USAT is working with Premier Food
Service to upgrade hundreds of the company’s machines to its
state-of-the-art ePort Connect® cashless payment system, enabling
the company to track the acceptance of cash, credit/debit
cards, and contactless payments, including mobile wallet payments
such as Android Pay and Apple Pay. Premier Food Service has also
worked with USAT to connect more than 300 Vendors Exchange (VE)
Kiosks with a consumer engagement and loyalty program.
The customized Premier Food Service version of the MORE loyalty
program (branded to consumers as the Premier Market Card) boasts
thousands of members and provides a variety of benefits to
consumers.
“As personalization becomes more common in the marketplace, we
wanted to be one step ahead of the trend with customer loyalty and
reward programs being at the center of our go to market strategy,”
said Gary Kurth, chief operations officer, Premier Food Service.
“By partnering with best-in-class providers like USA Technologies
and Vendors Exchange, we are able to utilize innovative hardware
like the VE Kiosk and ePort G-10S and layer on the consumer
services that allow us to delight our customers, whether it be by
simply allowing them to pay the way they want (via cash, swipe or
tap) or by rewarding them at the point of sale for their
patronage.”
“We are a service industry that relies on technology to deliver
on our commitment to excellence and we understand the importance of
having the right partners to help execute our vision,” Gary
continued. “USAT has made it easy for companies like ours to
quickly deploy innovative cashless payment technologies across our
business so that we can better engage consumers at the
point-of-sale and build in customer loyalty programs.”
Based in South Central Kansas, Premier Food Service was
established in 1993 and became a Canteen Franchise in 2012. The
company is leveraging USAT’s Premier Support Services to deploy new
devices in the field with plans to expand its footprint of Premier
Market Card locations. We believe that USAT’s consumer engagement
platform is advanced and flexible, and offers an opportunity to
serve up targeted promotions to consumers and build customer
loyalty in a way that wasn’t possible before in the unattended
retail market.
“We are thrilled that Premier Food Service is joining the
growing number of customers that are moving towards connecting 100
percent of their operations to our platform,” said Maeve McKenna
Duska, senior vice president for sales and marketing, USA
Technologies. “We strive to provide our customers with one of the
best tools for driving trust and loyalty in unattended retail.”
As a Model Market customer, Premier Food Service will also have
access to USAT’s Premier Support Service, its best-in-class support
services. This includes deployment planning, project management,
field installation support, training of staff, comprehensive
marketing programs and performance analysis to ensure a smart,
streamlined rollout and fast returns on the investment. The company
will also have access to USAT's Knowledge Base data, and customized
reporting to further support deployment.
Useful Links:
Premier Food Service: http://www.pfskansas.com/Vendors Exchange
and USAT Partner to Launch the VE Kiosk: http://prn.to/2oLkSwXUSA
Technologies: https://usatech.com/Twitter:
https://twitter.com/usa_techYouTube:
https://www.youtube.com/user/USATechnologiesResource Center:
https://usatech.com/resource-center/the-benefits
Sales and Partnership Inquiries:
Please contact USA Technologies, Inc. at +1 800.633.0340 or
sales@usatech.com.
About ePort Connect®:
USAT’s ePort Connect service is a PCI-compliant suite of
cashless payment and telemetry services specially tailored to fit
the needs of self-serve retail industries. Designed to be a
“one-stop shop,” services offered through ePort Connect include
wireless and merchant account setup, simplified processing rates,
settlement and reconciliation, 24 x 7 customer service and a host
of value-added services including mobile payment, loyalty programs,
and integrated payment services for micro-markets and other POS
devices.
About Premium Support Services:
USAT’s Premium Support Service bundles USAT’s best-in-class
services to ensure one of the most efficient and effective
deployments of USAT’s cashless technology through cohesive planning
that seeks to maximize returns for customers on their investment in
cashless technology. Services include deployment planning by
industry experts, project management, field installation support
and training, marketing support; and post installation performance
analysis; access to data and analytics gleaned from USAT's flagship
Knowledge Base; and customized reporting to best support their
unique deployment. USAT’s Premium Support Service is made available
to customers that have made a commitment to connect a significant
portion of their locations to USAT’s service.
About USA Technologies
USA Technologies, Inc. is a premier payment technology service
provider of integrated cashless and mobile transactions in the
self-service retail market. The company also provides a broad line
of cashless acceptance technologies including its NFC-ready ePort®
G-series, ePort Mobile™ for customers on the go, ePort®
Interactive, and QuickConnect, an API Web service for developers.
USA Technologies has 73 United States and foreign patents in force;
and has agreements with Verizon, Visa, Chase Paymentech and
customers such as Compass, AMI Entertainment, and others. For more
information, please visit the website at www.usatech.com.
Forward-looking Statements:
“Safe Harbor” Statement under the Private Securities Litigation
Reform Act of 1995: All statements other than statements of
historical fact included in this release, including without
limitation the business strategy and the plans and objectives of
USAT’s management for future operations, are forward-looking
statements. When used in this release, words such as “anticipate”,
“believe”, “estimate”, “expect”, “intend”, and similar expressions,
as they relate to USAT or its management, identify forward looking
statements. Such forward-looking statements are based on the
beliefs of USAT’s management, as well as assumptions made by and
information currently available to USAT’s management. Actual
results could differ materially from those contemplated by the
forward-looking statements as a result of certain factors,
including but not limited to, the ability of USAT to predict future
market conditions and consumer behavior; and the possibility that
all of the expected benefits and efficiencies from going 100%
cashless, or from using USAT’s Premium Support Services or the MORE
Loyalty program will not be realized by all vending operators and
on all vending machines or within the expected time period. Readers
are cautioned not to place undue reliance on these forward-looking
statements. Any forward-looking statement made by us in this
release speaks only as of the date of this release. Unless required
by law, USAT does not undertake to release publicly any revisions
to these forward-looking statements to reflect future events or
circumstances or to reflect the occurrence of unanticipated
events.
--G-USAT
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