USA Technologies and Ingenico Group to Launch Combined Offering
Expansion of USAT's Portfolio of World-Leading Payment Solutions
The corrected release reads:
Expansion of USAT's Portfolio of World-Leading Payment Solutions
NAMA OneShow -
By offering Ingenico Group's payment hardware,
"At Ingenico Group, it's our goal to offer merchants the best payment
solutions across a variety of verticals and provide consumers with fast,
simple and secure purchasing experiences," said
With this combined offering, USAT intends to provide unattended retail operators the prospect of using Ingenico's world-leading seamless payment hardware via USAT's cashless payment network. Merchants could gain access to automatic updates to payment software, settings, security and point-of-sale insight data through USAT's ePort Connect network with the ability to layer on valuable services like consumer engagement, loyalty programs, and payroll deduct.
"By going to market with a global leader and trusted brand like Ingenico
Group, we are able to offer vending and other unattended retail
merchants with the best-in-class payment solutions, that accept new and
emerging forms of payments like EMV, with USAT's ePort Connect suite of
cashless payment, consumer engagement and loyalty services," said
The proposed combination of USAT's platform of services and Ingenico Group's hardware could benefit a number of industries in the unattended market including: kiosk, education, retail, hospitality, parking and vending, among others.
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 customer demand for EMV payment options offered by Ingenico Group; whether and when the combined offering will be commercially available; whether the combined offering would enable USAT to enter new market sectors; and the possibility that all of the expected benefits and efficiencies from the proposed combined offering of USAT's services and Ingenico Group's hardware will not be realized by all vending operators and on all vending machines. 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
View source version on businesswire.com: http://www.businesswire.com/news/home/20170419005292/en/
For Ingenico Group:
Michael Nourie, +1-770-298-1945
Michael.Nourie@ingenico.com
or
For
Media:
ANW Networks
Melissa@anwnetworks.com
or
Investors:
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