MALVERN, Pa.--(BUSINESS WIRE)--
USA
Technologies, Inc. (NASDAQ: USAT), ("USAT"), a leader of wireless,
cashless payment and machine to machine (M2M) telemetry solutions for
small-ticket, self-serve retailing industries, has expanded its cashless
payment and M2M services in the kiosk market with electric vehicle
stations sold by existing customer, Eaton Corporation ("Eaton"). Eaton,
whose AC Level 2 Electric Vehicle charging stations already include an
option for USAT's ePort® technology for secure, cashless payment
acceptance, has recently added their new, high-powered DC
Quick Charger to this cashless lineup.
Eaton is a leader in the establishment of public electric vehicle
charging infrastructure in North America and continues to expand its
North American footprint. According to Eaton's website, its DC
Quick Charger provides fast and convenient electric vehicle charging
with the ability to charge a vehicle's battery to 80 percent capacity in
as little as 30 minutes. Using USAT's ePort technology, Eaton's latest DC
Quick Charger now includes an option for magnetic credit card swipe
acceptance and offers consumers the opportunity to pay through
time-based intervals or a flat rate.
"Our work with Eaton is an excellent example of how we are extending the
versatility of our ePort technology and services to the unattended kiosk
market," commented Michael Lawlor, Senior Vice President of Sales and
Business Development for USA Technologies. "We believe that kiosk
solutions are growing in both popularity and functionality fueled, in
part, by improved wireless capabilities and the ability of kiosk
consumers to use forms of payment other than cash. USAT's turnkey
approach to cashless, which was specifically designed for the unattended
space, takes the complexities of cashless off our customers' hands,
enabling market leaders like Eaton to focus on what they do best," said
Lawlor.
"Eaton was looking for a supplier that could provide an end-to-end
solution, including a compact, PCI compliant card processing solution
for a truly stand-alone commercial electric vehicle charging station,"
said Tracee Humes, product manager, Eaton Electric Transportation
Infrastructure. "Eaton found that USAT not only met this need, but they
had the proven experience in small-ticket transactions and the turnkey
suite of services required by our electric vehicle charging operators."
USAT's front end solutions such as ePort, ePort SDK or QuickConnect—a
new Web service API—combined with USAT's comprehensive ePort Connect
service provides kiosk developers and manufacturers a wireless and
secure platform for cashless payment and remote data collection.
For more information contact Kiosk Sales at 1-800-633-0340.
About Eaton Corporation
Eaton offers a full line of charging solutions including an AC Level 1,
a Residential AC Level 2, a Commercial/Fleet AC Level 2, and a 50
kilowatt (kW) DC Quick Charger complemented by an EV Simulator for
testing after installation and options for payment, access control and
network management for commercial/fleet applications. With a range of
charging stations currently deployed in Ontario (Canada), Pennsylvania,
California, Washington, Oregon, North Carolina, South Carolina, Indiana
and Illinois, Eaton is working to advance the EV charging infrastructure
throughout North America. For more information, visit www.eaton.com/plugin.
Eaton's electrical business is a global leader in power distribution,
power quality, control and automation, power monitoring, and energy
management products and services. Eaton is positioned, through its
global electrical product series and solutions to answer today's most
critical electrical power management challenges.
Eaton Corporation is a diversified power management company with more
than 100 years of experience providing energy-efficient solutions that
help our customers effectively manage electrical, hydraulic and
mechanical power. With 2011 sales of $16.0 billion, Eaton is a global
technology leader in electrical components, systems and services for
power quality, distribution and control; hydraulics components, systems
and services for industrial and mobile equipment; aerospace fuel,
hydraulics and pneumatic systems for commercial and military use; and
truck and automotive drivetrain and powertrain systems for performance,
fuel economy and safety. Eaton has approximately 73,000 employees and
sells products to customers in more than 150 countries. For more
information, visit www.eaton.com.
About USA Technologies:
USA Technologies is a leader of wireless, cashless payment and M2M
telemetry solutions for small-ticket, self-serve retailing industries.
ePort Connect® is the company's flagship service platform, a
PCI-compliant, end-to-end suite of cashless payment and telemetry
services specially tailored to fit the needs of the small ticket,
self-service retail industries. USA Technologies also provides a broad
line of cashless acceptance technologies including its NFC-ready ePort®
G8, ePort Mobile™ for customers on the go, and QuickConnect™, an API Web
service for developers. USA Technologies has been granted 84 patents;
and has agreements with Verizon, Visa, Elavon and major customers such
as Compass, Crane, AMI Entertainment and others. Visit the website at www.usatech.com.
USA Technologies
Veronica Rosa
VP Corp. Comm. & Investor
Relations
484-359-2138
vrosa@usatech.com
Source: USA Technologies, Inc.
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