USA Technologies and Gimme Vending Announce Strategic Technology Partnership
Combines Cashless and Mobile Transactions and Access to Inventory Data into One Solution for Greater Efficiency and Accuracy
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The combination of USAT's ePort® cashless acceptance technology with Gimme Vending's software can equip self-serve machines with cashless and online services capabilities that are integrated with wireless, plug-and-play technology that helps download DEX from the machines. The app then syncs vend visits in real-time with the operator's existing vending management system to populate large picture displays through a user-friendly interface. Gimme's wireless DEXing solution eliminates additional expenses and investment in expensive handheld DEXing devices for our customers.
"By working with an industry leader in cashless payment technology, we
are delivering efficiency and accuracy in a way that helps vending
companies save time and money while creating a better experience for
drivers," said
For operators who have machines already equipped with USAT's cashless payment system, the joint solution would make it possible to wirelessly pull DEX directly to Gimme's app, without the need for or expense of any additional hardware, like the Gimme Key. These operators could enjoy the benefits of wireless DEX, real-time access to information on vend visits and more accurate planogram information.
"USAT has built its reputation on bringing best-in-class tools and
solutions that continue to drive innovation. Our alliance with Gimme
enhances vendor management technology in the unattended space with an
elegant and user-friendly app and interface," said
Gimme has agreed to market to its customers USAT's seamless, turnkey cashless payments platform and industry-leading PCI Level 1 secure service. Those customers will have the opportunity to benefit from the USAT devices, which can accept automatic updates to software, settings and security protocol from USAT's network to keep hardware up-to-date, and the ability to layer on valuable services like advertising, consumer engagement, including loyalty programs, and payroll deduct services.
For operators with machines in remote locations where it is impossible or impractical to connect to cellular-based payment systems, Gimme can provide wireless connectivity to these machines through a key that fits into the existing DEX system.
The combined solution also addresses the needs of USAT customers that are looking to replace legacy handhelds that are expensive and have limited visual display.
"During a recent live test with a customer, the process took roughly 13 seconds from the time we pressed the DEX/Fill button on a USAT G9 telemeter to the point of capture on an iPad displaying the Gimme app," added McMath. "It's fast, easy and has also completely eliminated the issues we experienced with handheld devices."
About Gimme Vending
Gimme makes unattended retail a reality. The company builds award-winning mobility and tracking tools to manage unmanned retail locations, like vending machines and micro-markets, helping their customers increase productivity and profitability. Currently, Gimme builds hardware and software for vending companies. Gimme's award-winning and patented plug-and-play solution replaces legacy handhelds to deliver valuable data, like purchasing patterns, and provide operators with better cash accountability, inventory tracking, and machine status data. This translates into fewer stock-outs, faster warehousing and restocking, and streamlined product planning. Gimme's technology scores each point-of-sale in the network based on the suitability of inventory to consumers on location and helps track what's happening in the field, where the cash and inventory are, all in real time, without end-of-day downloading, synchronizing, or hand-keying. For more information, visit www.vending.ai or connect with Gimme on Twitter.
About
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; the possibility that all of the expected benefits and efficiencies from the combined solution offered by USAT and Gimme will not be realized by all vending operators and on all vending machines or within the expected time period; whether, and the extent to which, USAT's cashless services would increase sales for its customers; the extent of accuracy of Gimme's wireless DEX solution; and whether USAT will gain additional customers as a result of the alliance agreement or Gimme's marketing efforts. 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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