USA Technologies Enhances VMS Platform for Small and Medium Business Customers with Next Generation of Seed Cashless+
Integration with Seed Mobile Enables Operators to Track Route Stops in the Field and Update Inventories On-the-Go via iOS Mobile App
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“Being able to do our daily tasks quickly and accurately is becoming more and more important to successfully operating small businesses like ours. We are realizing that in order to continue growing our business we need a solution that goes beyond pen and paper, and excel spreadsheets,” said
Seed Cashless+ utilizes telemetry connected directly to the credit card readers on the operator’s machines to collect, transmit and analyze necessary sales and product-level data directly into their online platform. With this real-time information, customers can receive enhanced insights for scheduling, product merchandising, pre-kitting and machine-level alerts. By basing their decisions on their machines’ real data, and not relying on best-guesses, SMB operators can significantly cut down the time it takes them to manage their business.
This next generation solution is enabled for mobile or tablet access. For the first time, Seed Cashless+ users can take advantage of Seed Mobile, USAT’s iOS app that integrates seamlessly with the browser-based platform of Seed Cashless+. Operators can now track which machines they scheduled for the day, quickly take on-site inventory and add notes about individual machines to review back in the office. Seed Mobile automatically updates the new data via cellular or WiFi connection at the end of the day and eliminates the need for drivers to carry pen and paper in the field.
Seed Cashless+ key features:
- QuickPicks – Uses machine sales data to enable operators to prioritize visits to machines that are running low, and just bring the necessary product to restock them
- Real-time Alerts – Proactive maintenance alerts that inform operators of machine malfunctions, loss of connectivity or low inventory
- Seed Mobile – An iOS app that allows drivers to review all the machines selected for their daily route, and quickly inventory machines that need to be serviced
“Seed Cashless+ is a very powerful tool for our SMB customers, and further proof that we continue to set the standard for vending management systems, as we develop our platform to give our customers the tools to maximize operations of all sizes,” said
Pricing:
The cost for new customers is
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All statements other than statements of historical fact included in this release, including without limitation USAT’s future prospects and performance, the expected proceeds of the private placement, the intended use of the proceeds of the private placement, the closing of the private placement, the business strategy and the plans and objectives of USAT's management for future operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “guidance,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions, as they relate to USAT or its management, may identify forward-looking statements. Such forward-looking statements are based on the reasonable 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 incurrence by USAT of any unanticipated or unusual non-operational expenses which would require us to divert our cash resources from achieving our business plan; the uncertainties associated with COVID-19, including its possible effects on USAT’s operations, financial condition and the demand for USAT’s products and services; the ability of USAT to predict or estimate its future quarterly or annual revenue and expenses given the developing and unpredictable market for its products; the ability of USAT to retain key customers from whom a significant portion of its revenues is derived; the ability of USAT to compete with its competitors to obtain market share; the ability of USAT to make available and successfully upgrade current customers to new standards and protocols; whether USAT's existing or anticipated customers purchase, rent or utilize ePort or Seed devices or our other products or services in the future at levels currently anticipated by USAT; disruptions to our systems, breaches in the security of transactions involving our products or services, or failure of our processing systems; or other risks discussed in USAT’s filings with the
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