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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Mar. 31, 2013	May 06, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	USA TECHNOLOGIES INC
Entity Central Index Key	0000896429
Trading Symbol	usat
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--06-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		33,059,977
Document Type	10-Q
Document Period End Date	Mar. 31, 2013
Amendment Flag	false
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets - USD ($)	Mar. 31, 2013	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 3,948,537	$ 6,426,645
Accounts receivable, less allowance for uncollectible accounts of $9,000 and $25,000, respectively	2,370,993	2,441,941
Finance receivables	113,485	206,649
Inventory	1,838,557	2,511,748
Prepaid expenses and other current assets	656,306	555,823
Total current assets	8,927,878	12,142,806
Finance receivables, less current portion	381,946	336,198
Property and equipment, net	15,528,584	11,800,108
Intangibles, net	639,653	1,196,453
Goodwill	7,663,208	7,663,208
Other assets	88,101	80,884
Total assets	33,229,370	33,219,657
Current liabilities:
Accounts payable	5,332,568	6,136,443
Accrued expenses	1,601,362	3,342,456
Line of credit	2,000,000
Current obligations under long-term debt	314,756	466,056
Total current liabilities	9,248,686	9,944,955
Long-term liabilities:
Long-term debt, less current portion	159,775	262,274
Accrued expenses, less current portion	374,856	426,241
Deferred tax liabilities	33,333	12,599
Warrant liabilities, non-current	2,168,022	918,566
Total long-term liabilities	2,735,986	1,619,680
Total liabilities	11,984,672	11,564,635
Commitments and contingencies
Shareholders' equity:
Preferred stock, no par value: Authorized shares- 1,800,000 Series A convertible preferred- Authorized shares- 900,000 Issued and outstanding shares- 442,968 (liquidation preference of $16,026,004 and $15,361,552, respectively)	3,138,056	3,138,056
Common stock, no par value: Authorized shares- 640,000,000 Issued and outstanding shares- 32,878,702 and 32,510,069, respectively	220,926,047	220,513,327
Accumulated deficit	(202,819,405)	(201,996,361)
Total shareholders' equity	21,244,698	21,655,022
Total liabilities and shareholders' equity	$ 33,229,370	$ 33,219,657

Consolidated Balance Sheets (Parentheticals) - USD ($)	Mar. 31, 2013	Jun. 30, 2012
Allowance for uncollectible accounts receivable (in dollars)	$ 9,000	$ 25,000
Preferred stock, no par value (in dollar per share)
Preferred stock, shares authorized	1,800,000	1,800,000
Common stock, no par value (in dollars per share)
Common stock, shares authorized	640,000,000	640,000,000
Common stock, shares issued	32,878,702	32,510,069
Common stock, shares outstanding	32,878,702	32,510,069
Series A Convertible Preferred Stock
Preferred stock, shares authorized	900,000	900,000
Preferred stock, shares issued	442,968	442,968
Preferred stock, shares outstanding	442,968	442,968
Preferred stock, liquidation preference value (in dollars)	$ 16,026,004	$ 15,361,552

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Revenues:
License and transaction fees	$ 7,562,589	$ 5,985,052	$ 21,872,187	$ 16,988,179
Equipment sales	1,418,215	1,541,999	4,383,216	4,126,218
Total revenues	8,980,804	7,527,051	26,255,403	21,114,397
Cost of services	4,525,244	3,749,862	13,080,816	11,494,690
Cost of equipment	774,221	981,969	2,748,785	2,836,995
Gross profit	3,681,339	2,795,220	10,425,802	6,782,712
Operating expenses:
Selling, general and administrative	3,003,231	3,040,562	8,918,030	10,039,712
Depreciation and amortization	327,889	391,859	1,004,134	1,139,500
Total operating expenses	3,331,120	3,432,421	9,922,164	11,179,212
Operating income (loss)	350,219	(637,201)	503,638	(4,396,500)
Other income (expense):
Interest income	11,082	14,029	52,910	45,183
Interest expense	(61,379)	(10,520)	(109,402)	(70,756)
Change in fair value of warrant liabilities	(1,308,954)	95,074	(1,249,456)	1,983,442
Total other income (expense), net	(1,359,251)	98,583	(1,305,948)	1,957,869
Loss before provision for income taxes	(1,009,032)	(538,618)	(802,310)	(2,438,631)
Provision for income taxes	(6,911)		(20,734)
Net loss	(1,015,943)	(538,618)	(823,044)	(2,438,631)
Cumulative preferred dividends	(332,226)	(332,226)	(664,452)	(664,452)
Net loss applicable to common shares	$ (1,348,169)	$ (870,844)	$ (1,487,496)	$ (3,103,083)
Net loss per common share (basic and diluted) (in dollars per share)	$ (0.04)	$ (0.03)	$ (0.05)	$ (0.10)
Weighted average number of common shares outstanding (basic and diluted) (in shares)	32,821,345	32,466,528	32,690,374	32,400,049

Consolidated Statements of Shareholders' Equity (Unaudited) - 9 months ended Mar. 31, 2013 - USD ($)	Preferred Stock Series A Convertible Preferred Stock	Common Stock	Accumulated Deficit	Total
Balance at Jun. 30, 2012	$ 3,138,056	$ 220,513,327	$ (201,996,361)	$ 21,655,022
Balance (in shares) at Jun. 30, 2012	442,968	32,510,069
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of 96,086 warrants at $1.13 resulting in issuance of common stock		$ 108,577		108,577
Exercise of 96,086 warrants at $1.13 resulting in issuance of common stock (in shares)		96,086
Cashless exercise of 36,186 warrants resulting in issuance of common stock
Cashless exercise of 36,186 warrants resulting in issuance of common stock (in shares)		17,094
Warrants issued in conjunction with Line of Credit Amendment		$ 55,962		55,962
Warrants issued in conjunction with Line of Credit Amendment (in shares)
Issuance of fully-vested shares of common stock to employees and directors and vesting of shares under the 2010 Stock Incentive Plan		$ 65,058		65,058
Issuance of fully-vested shares of common stock to employees and directors and vesting of shares under the 2010 Stock Incentive Plan (in shares)		12,441
Issuance of fully-vested shares of common stock to employees and directors and vesting of shares under the 2011 Stock Incentive Plan		$ 140,392		140,392
Issuance of fully-vested shares of common stock to employees and directors and vesting of shares under the 2011 Stock Incentive Plan (in shares)		89,165
Issuance of fully-vested shares of common stock to employees and directors and vesting of shares under the 2012 Stock Incentive Plan		$ 163,783		163,783
Issuance of fully-vested shares of common stock to employees and directors and vesting of shares under the 2012 Stock Incentive Plan (In shares)		218,694
Retirement of common stock		$ (121,052)		(121,052)
Retirement of common stock (in shares)		(64,847)
Net loss			(823,044)	(823,044)
Balance at Mar. 31, 2013	$ 3,138,056	$ 220,926,047	$ (202,819,405)	$ 21,244,698
Balance (in shares) at Mar. 31, 2013	442,968	32,878,702

Consolidated Statements of Shareholders' Equity (Unaudited) (Parentheticals)	9 Months Ended
	Mar. 31, 2013 $ / shares shares
Statement Of Stockholders Equity [Abstract]
Number of warrants exercised	96,086
Exercise price of warrants \| $ / shares	$ 1.13
Cashless exercise of warrants in issuance of common stock	36,186

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
OPERATING ACTIVITIES:
Net loss	$ (1,015,943)	$ (538,618)	$ (823,044)	$ (2,438,631)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Charges incurred in connection with the vesting and issuance of common stock for employee and director compensation	149,009	83,300	369,233	510,797
Change in fair value of warrant liabilities	1,308,954	(95,074)	1,249,456	(1,983,442)
Depreciation	1,003,610	631,330	2,742,196	1,747,445
(Gain) loss on disposal of property and equipment	(14,815)	13,844	(18,415)	1,841
Amortization	185,600	258,600	556,800	775,800
Non-cash interest and amortization of debt discount	26,934		26,934
Bad debt expense (recoveries), net	(1,599)	(3,788)	7,459	(45,356)
Provision for deferred tax liability	6,911		20,734
Changes in operating assets and liabilities:
Accounts receivable	(1,212,990)	(484,290)	63,489	(451,770)
Finance receivables	22,714	(44,103)	47,416	(78,215)
Inventory	603,019	108,302	685,114	(562,988)
Prepaid expenses and other assets	59,841	(153,012)	51,730	(290,883)
Accounts payable	(1,115,013)	291,263	(803,875)	(1,030,781)
Accrued expenses	(223,669)	164,417	(1,792,479)	1,054,468
Net cash provided by (used in) operating activities	(217,437)	232,171	2,382,748	(2,791,715)
INVESTING ACTIVITIES:
Purchase of property and equipment	(31,413)	(30,158)	(81,691)	(404,103)
Purchase of property for rental program	(1,778,344)	(1,226,518)	(6,320,514)	(3,282,512)
Proceeds from sale of property and equipment	18,908		18,908
Net cash used in investing activities	(1,790,849)	(1,256,676)	(6,383,297)	(3,686,615)
FINANCING ACTIVITIES:
Net proceeds from the issuance (retirement) of common stock and exercise of common stock warrants	74,840		(12,475)	(2,031)
Proceeds from line of credit, net of repayments	1,000,000		2,000,000
Repayment of long-term debt	(164,363)	(111,841)	(465,084)	(317,115)
Net cash provided by (used in) financing activities	910,477	(111,841)	1,522,441	(319,146)
Net decrease in cash and cash equivalents	(1,097,809)	(1,136,346)	(2,478,108)	(6,797,476)
Cash and cash equivalents at beginning of period	5,046,346	7,330,381	6,426,645	12,991,511
Cash and cash equivalents at end of period	3,948,537	6,194,035	3,948,537	6,194,035
Supplemental disclosures of cash flow information:
Cash paid for interest	32,551	11,619	84,220	28,419
Equipment and software acquired under capital lease	80,883		80,883	495,955
Equipment and software financed with long-term debt				40,871
Prepaid items financed with debt	2,340	28,419	130,402	28,419
Prepaid interest from issuance of warrants for debt costs	55,962		55,962
Disposal of property and equipment	7,700		7,700	54,638
Reclass of rental program property to inventory	2,296		11,923
Depreciation expense allocated to cost of sales	$ 861,321	$ 498,071	$ 2,294,862	$ 1,383,745

ACCOUNTING POLICIES	9 Months Ended
ACCOUNTING POLICIES	Mar. 31, 2013
Organization, Consolidation, Basis Of Presentation, Business Description and Accounting Policies [Abstract]
ACCOUNTING POLICIES	1. ACCOUNTING POLICIES Business USA Technologies, Inc. (the “Company”, “We” or “Our”), incorporated in the Commonwealth of Pennsylvania in January 1992, provides wireless networking, cashless transactions, asset monitoring and other value-added services principally to the small ticket unattended retail markets. Our ePort® technology, including the NFC-ready ePort® G8, can be installed and/or embedded into everyday devices such as vending machines, kiosks, and our eSuds™ technology is installed in washer and dryers. USA Technologies also provides other cashless acceptance technologies including its ePort Mobile™ for customers on the go, and QuickConnect™, an API Web service for developers. Our associated network service, ePort Connect®, is a PCI-compliant, comprehensive service that facilitates electronic payment options as well as telemetry and machine-to-machine (“M2M”) services, including wireless connectivity, all elements of payment processing, customer service and the ability to remotely monitor, control and report on the results of distributed assets containing our electronic payment solutions. In addition, the Company provides energy management products, such as its VendingMiser® and CoolerMiser™, which reduce energy consumption in vending machines and coolers. Interim Financial Information The accompanying unaudited consolidated financial statements of USA Technologies, Inc. have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements and therefore should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended June 30, 2012. In the opinion of management, all adjustments considered necessary for a fair presentation, consisting of normal recurring adjustments, have been included. Operating results for the three and nine-month periods ended March 31, 2013 are not necessarily indicative of the results that may be expected for the year ending June 30, 2013. The balance sheet at June 30, 2012 has been derived from the audited financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. The Company has incurred losses of $1,015,943 and $823,044 for the three and nine-month periods ended March 31, 2013, the Company had incurred losses from its inception through June 30, 2012. Although the Company anticipates nearing profitability for the full 2013 fiscal year, profitability is not assured. The impact on profitability of future changes to the fair value of our warrant liabilities, which is subject to secondary market conditions, is not reasonably predictable. The Company’s ability to meet its future obligations is dependent upon the success of its products and services in the marketplace and the available capital resources. Until the Company’s products and services can generate sufficient annual cash flows, the Company will be required to use its cash and cash equivalents on hand, its line of credit, and may be required to raise equity capital to meet its cash flow requirements. Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Stitch Networks Corporation (“Stitch”) and USAT Capital Corp LLC (“USAT Capital”). All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Cash Equivalents Cash equivalents represent all highly liquid investments with original maturities of three months or less. Cash equivalents are comprised of money market funds. The Company maintains its cash in bank deposit accounts, which may exceed federally insured limits at times. At March 31, 2013 and June 30, 2012, none of the cash and cash equivalents of the Company was payable to our customers. Included in accounts receivable are amounts for transactions processed with our card processers for which cash has not been received by the Company and included in accounts payable are amounts for transactions processed with our card processers and due to our customers, which are recorded net of fees due to the Company. Generally, contractual terms require us to remit amounts owed to our customers on a weekly basis. Finance Receivables The Company offers extended payment terms to certain customers for equipment sales under its Quick Start Program. Notes receivable or Quick Start leases are generally for a 36 or 60 month term. Finance receivables are carried at their contractual amount and charged off against the allowance for credit losses when management determines that recovery is unlikely and the Company ceases collection efforts. The Company recognizes a portion of the note or lease payments as interest income in the accompanying consolidated financial statements based on the effective interest rate method. Inventory Inventory consists of finished goods and packaging materials. The Company’s inventory is stated at the lower of cost (average cost basis) or market. Fair Value of Financial Instruments The Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2010-06, “Fair Value Measurements and Disclosures (“Topic 820”): Improving Disclosures about Fair Value Measurements.” ASU 2009-06 amends certain disclosure requirements of Subtopic 820-10. This ASU provides additional disclosures for transfers in and out of Levels 1 and 2 and for activity in Level 3. This ASU also clarifies certain other existing disclosure requirements including level of desegregation and disclosures around inputs and valuation techniques. The Company’s financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows: Level 1- Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2- Inputs are other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3- Inputs are unobservable and reflect the Company’s assumptions that market participants would use in pricing the asset or liability. The Company develops these inputs based on the best information available. The Company’s financial instruments, principally cash equivalents, accounts receivable, finance receivables, prepaid expenses and other assets, accounts payable and accrued expenses, are carried at cost which approximates fair value due to the short-term maturity of these instruments. The fair value of the Company’s obligations under its long-term debt and credit agreements approximates their carrying value, as such instruments are at market rates currently available to the Company. Property and Equipment Property and equipment are recorded at cost. Property and equipment are depreciated on the straight-line basis over the estimated useful lives of the related assets. Leasehold improvements are amortized on the straight-line basis over the lesser of the estimated useful life of the asset or the respective lease term. Accounting for Equity Awards In accordance with ASC 718, the cost of employee services received in exchange for an award of equity instruments is based on the grant-date fair value of the award and allocated over the vesting period of the award. Income Taxes A provision for income taxes of $6,911 and $20,734 (all deferred income taxes) was recorded for the three and nine months ended March 31, 2013. The provision for income taxes is not a function of nor related to the loss before provision for income taxes of $1,009,032 and $802,310 for the three and nine-month periods, respectively, because the Company has significant operating loss carryforwards that are available to negate any taxable income that would create current liabilities for income taxes. The provision for income taxes relates to the amortization of indefinite life intangible assets and goodwill that are being amortized for income tax purposes but not for financial reporting purposes giving rise to basis differences in such assets between financial and income tax reporting. The Company has substantial operating loss carryforwards and other items that create net deferred tax assets that have been offset by a valuation allowance as the realization of the deferred tax assets is not likely, principally due to a lack of earnings history. The deferred tax liabilities related to the amortization of the indefinite life assets are not subject to offset against deferred tax assets with finite lives. As of March 31, 2013 and June 30, 2012, deferred tax liabilities of $33,333 and $12,599, respectively, were recorded for the potential future state and federal income tax effects for these basis differences. There was no provision for income taxes for the three and nine months ended March 31, 2012. Loss Per Common Share Basic earnings per share are calculated by dividing income (loss) applicable to common shares by the weighted average common shares outstanding for the period. Diluted earnings per share is calculated by dividing income (loss) applicable to common shares by the weighted average common shares outstanding for the year plus the effect of potential common shares unless such effect is anti-dilutive. Reclassification Certain amounts in prior period financial statements have been reclassified to conform to the current period presentation.

FINANCE RECEIVABLES

9 Months Ended

Mar. 31, 2013

Receivables [Abstract]

Finance receivables

2. FINANCE RECEIVABLES

Finance Receivables consist of the following:

	March 31,		June 30,
	2013		2012
	(unaudited)
Total finance receivables	$	495,431	$	542,847
Less current portion		113,485		206,649
Non-current portion of finance receivables	$	381,946	$	336,198

As of March 31, 2013 and June 30, 2012, there was no allowance for credit losses of finance receivables. As the Company collects monthly payments of the receivables from the customers’ transaction funds, the risk of loss was determined to be remote.

Credit Quality Indicators
As of March 31, 2013

Credit risk profile based on payment activity:
	Leases

Performing	$	495,431
Nonperforming		-
Total	$	495,431

Age Analysis of Past Due Finance Receivables
As of March 31, 2013

	31 – 60		61 – 90		Greater than						Total
	Days Past Due		Days Past Due		90 Days Past Due		Total Past Due		Current		Finance Receivables

Leases	$	9,277	$	-	$	-	$	9,277	$	486,154	$	495,431
Total	$	9,277	$	-	$	-	$	9,277	$	486,154	$	495,431

ACCRUED EXPENSES

9 Months Ended

Mar. 31, 2013

Accrued Liabilities [Abstract]

Accrued expenses

3. ACCRUED EXPENSES

Accrued expenses consist of the following:

	March 31,		June 30,
	2013		2012
	(unaudited)
Accrued compensation and related sales commissions	$	417,817	$	767,926
Accrued professional fees		167,987		482,664
Accrued taxes and filing fees		553,997		663,078
Advanced customer billings		324,310		311,767
Accrued proxy contest and litigation costs		-		992,520
Accrued rent		242,551		278,862
Accrued other		269,556		271,880
	$	1,976,218	$	3,768,697

LINE OF CREDIT	9 Months Ended
LINE OF CREDIT	Mar. 31, 2013
Line Of Credit Facility [Abstract]
LINE OF CREDIT	4. LINE OF CREDIT On July 10, 2012, the Company entered into a Loan and Security Agreement and other ancillary documents (the “Loan Documents”) with Avidbank Corporate Finance, a division of Avidbank (the “Bank”), providing for a secured asset-based revolving line of credit in an amount of up to $3.0 million (the “Line of Credit”). The Company intends to use advances under the Line of Credit towards the financing of growth initiatives like its JumpStart Program and other working capital needs. The Loan Documents provide that the aggregate amount of advances under the Line of Credit shall not exceed the lesser of (i) $3.0 million, or (ii) 75% of eligible accounts receivable as defined in the Loan Documents plus 80% of the prior two months transaction processing revenues and networking service fees as defined in the Loan Documents, provided that the amounts advanced on account of such processing revenues and service fees shall not exceed $2,000,000 without the Bank’s prior consent, after the First Amendment entered into on January 2, 2013. As a condition of the Bank entering into the First Amendment, the Company issued to the Bank warrants to purchase up to 45,000 shares of common stock of the Company. The warrants are exercisable at any time prior to December 31, 2017 at an exercise price of $2.10 per share. Upon the issuance of the 45,000 shares of common stock, the fair value of the warrants is $55,962 using a Black Scholes model, which was recorded as prepaid interest and included in other assets on the consolidated Balance Sheet at March 31, 2013 and is being amortized as non-cash interest expense over the remaining term of the Line of Credit as amended in January 2013. Non-cash interest of $26,934 has been recognized for the quarter ended March 31, 2013. The outstanding balance of the amounts advanced under the Line of Credit will bear interest at 2% above the prime rate as published in The Wall Street Journal or 5% whichever is higher. Interest is payable by the Company to the Bank on a monthly basis, provided, that the minimum interest payable by the Company to the Bank with respect to each six-month period shall be $20,000. The Line of Credit and the Company’s obligations under the Loan Documents are secured by substantially all of the Company’s assets, including its intellectual property. At the time of maturity all outstanding advances under the Line of Credit as well as any unpaid interest is due and payable. Prior to maturity of the Line of Credit, the Company may prepay amounts due under the Line of Credit without penalty, and subject to the terms of the Loan Documents, may re-borrow any such amounts. On April 15, 2013, the Company and the Bank, entered into a Third Amendment (the “Third Amendment”) to the Loan and Security Agreement. The Third Amendment provides that, among other things, the aggregate amount available under the Line of Credit will be increased from $3.0 million to $5.0 million, and the maturity date of the Line of Credit will be extended for another twelve months, or until June 21, 2014. The Third Amendment provides that the aggregate amount of advances now available to the Company under the Line of Credit cannot exceed the lesser of (i) $5.0 million, or (ii) 80% of the prior three months transaction processing revenues and networking service fees as defined in the Loan Agreement. The Loan Documents contain customary affirmative and negative covenants. The Loan Documents also require the Company to achieve a minimum Adjusted EBITDA, as defined in the Loan Documents, measured on a quarterly basis. Prior to the Third Amendment, the Company was required to maintain a balance of unrestricted cash in accounts with the Bank of at least $3.0 million. The Third Amendment provided that if the amount of the Company’s monthly “net cash provided by (used in) operating activities” including Jumpstart investments, as set forth in the Company’s monthly cash flow statements prepared in accordance with United States’ Generally Accepted Accounting Principles (“GAAP”) (the “RML”) is negative, the Company must maintain a balance of unrestricted cash in accounts with the Bank plus the availability under the Line of Credit of at least six times the RML. If the RML is positive, then in lieu of the foregoing requirement, the Company must maintain a minimum ratio of current assets to current liabilities of at least 1.00 to 1.00. On April 29, 2013, the Company and the Bank entered into a Fourth Amendment (“Fourth Amendment”) to the Loan and Security Agreement to change the RML from the monthly “net cash provided by (used in) operating activities” including Jumpstart investments to the average monthly amount (based on the prior three months) of the Company’s “net cash provided by (used in) operating activities” including JumpStart investments, as set forth in the Company’s monthly cash flow statements prepared in accordance with GAAP. The Loan Documents also contain customary events of default, including, among other things, payment defaults, breaches of covenants, and bankruptcy and insolvency events, subject to grace periods in certain instances. Upon an event of default, the Bank may declare all of the outstanding obligations of the Company under the Line of Credit and Loan Documents to be immediately due and payable, and exercise any other rights provided for under the Loan Documents. At March 31, 2013, the balance due on the Line of Credit was $2,000,000.

LONG-TERM DEBT

9 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

LONG-TERM DEBT

5. LONG-TERM DEBT

Long-term debt consists of the following:

	March 31,		June 30,
	2013		2012
	(unaudited)
Capital lease obligations	$	365,515	$	426,007
Loan agreement		109,016		302,323
		474,531		728,330
Less current portion		314,756		466,056
	$	159,775	$	262,274

During July 2012, the Company financed a portion of the premiums for various insurance policies totaling $128,062, due in ten monthly payments of $13,103 through May 2013 at an interest rate of 5.02%.

During January 2013, the Company entered into a capital lease for network equipment totaling approximately $45,000, due in thirty-seven monthly payments of $1,501 through December 2015 at an interest rate of 13.88%.

During March 2013, the Company entered into a capital lease for equipment to support customer service totaling approximately $15,000, due in thirty-six monthly payments of $464 through January 2016 at an interest rate of 7.40%.

During March 2013, the Company entered into a capital lease for network equipment totaling approximately $24,000, due in three annual installments of $8,686 through April 2015 at an interest rate of 4.89%.

FAIR VALUE OF FINANCIAL INSTRUMENTS

9 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS

6. FAIR VALUE OF FINANCIAL INSTRUMENTS

In accordance with the fair value hierarchy described in Note 2, the following table shows the fair value of the Company’s financial instruments that are required to be measured at fair value as of March 31, 2013 and June 30, 2012:

March 31, 2013 (unaudited)	Level 1		Level 2		Level 3		Total

Cash equivalents	$	192,572	$	-	$	-	$	192,572
Common stock warrant liability, warrants exercisable at $2.6058 from September 18, 2011 through September 18, 2016	$	-	$	-	$	2,167,854	$	2,167,854
Common stock warrant liability, warrants exercisable at $5.90 through September 14, 2013	$	-	$	-	$	168	$	168

June 30, 2012	Level 1		Level 2		Level 3		Total

Cash equivalents	$	141,107	$	-	$	-	$	141,107
Common stock warrant liability, warrants exercisable at $2.6058 from September 18, 2011 through September 18, 2016	$	-	$	-	$	917,440	$	917,440
Common stock warrant liability, warrants exercisable at $5.90 through September 14, 2013	$	-	$	-	$	1,126	$	1,126

As of March 31, 2013 and June 30, 2012, the fair values of the Company’s Level 1 financial instruments were $192,572 and $141,107, respectively. These financial instruments consist of cash equivalents, including money market accounts. As of March 31, 2013 and June 30, 2012, the Company held no Level 2 financial instruments.

As of March 31, 2013 and June 30, 2012, the fair values of the Company’s Level 3 financial instruments totaled $2,168,022 and $918,566, respectively. The Level 3 financial instruments consist of common stock warrants issued by the Company in March 2011 and March 2007, which include features requiring liability treatment of the warrants. The fair value of warrants issued in March 2011 to purchase 3.9 million shares of the Company’s common stock is based on valuations performed by an independent third party valuation firm. The fair value was determined using proprietary valuation models using the quality of the underlying securities of the warrants, restrictions on the warrants and security underlying the warrants, time restrictions and precedent sale transactions completed in the secondary market or in other private transactions. As of March 31, 2013, the fair value of warrants issued in March 2007 to purchase 903,955 shares of the Company’s common stock was estimated by the Company to be $168 using the Black-Scholes with the following assumptions: dividend yield of 0%, expected stock price volatility of 0.54, risk free interest rate of 0.11%, and an expected life of six months. There were no transfers of assets or liabilities between level 1, level 2, or level 3 during the periods ended March 31, 2013 and June 30, 2012.

The following table summarizes the changes in fair value of the Company’s Level 3 financial instruments for the nine months ended March 31, 2013 and 2012:

	Nine months ended
	March 31,
	2013			2012
	(unaudited)			(unaudited)
Balance, Beginning of period	$	918,566		$	2,732,253
Purchase, sales, issuance, settlements, or transfers		-			-
Gain (loss) due to change in fair value of warrant liabilities, net		(1,249,456	)		1,983,442
Balance, End of period	$	2,168,022		$	748,811

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13504-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

COMMON STOCK AND COMMON STOCK WARRANTS	9 Months Ended
COMMON STOCK AND COMMON STOCK WARRANTS	Mar. 31, 2013
Common Stock Warrants and Options [Abstract]
COMMON STOCK AND COMMON STOCK WARRANTS	7. COMMON STOCK AND COMMON STOCK WARRANTS Under the 2010 Stock Incentive Plan, the Company recorded stock compensation expense of $15,074 and $65,058 and issued 500 and 12,441 shares of Common stock during the three and nine months ended March 31, 2013. The fiscal year to date expenses for the vesting of shares of Common Stock as of March 31, 2013 related to the following: $29,375 for shares granted under employment agreements entered into with its executive officers in April 2011; $14,921 for shares granted to Directors of the Company in June 2011 and March 2012; $19,038 for shares issued to Company Directors in lieu of cash payment; and $1,724 for shares granted to an employee. In July 2012, the Board of Directors accepted the recommendation of the Compensation Committee that each of the three non-employee Directors who joined the Board after March 31, 2012 receive a stock award of 10,000 shares of Common Stock. Under the 2011 Stock Incentive Plan (the “2011 Plan”) 30,000 shares of Common Stock were awarded with a grant date fair value of $1.45 per share, and vest as follows: 9,999 on August 10, 2012; 9,999 on August 10, 2013; and, 10,002 on August 10, 2014. Under the 2011 Plan the Company recorded stock compensation expense of $28,697 and $140,392 and issued 10,454 and 89,165 shares of Common stock during the three and nine months ended March 31, 2013, respectively. The fiscal year to date expenses for the vesting of shares of Common Stock as of March 31, 2013 related to the following: $44,532 for shares granted under employment agreements entered into with its executive officers in September 2011; $38,160 of expenses related to vesting of shares granted to employees in April 2012; $28,999 of expenses related to vesting of shares granted to Directors of the Company in July 2012; and $28,701 for shares issued to Company Directors in lieu of cash payment. In September 2012, the Board of Directors accepted the recommendation of the Compensation Committee granted and 71,429 shares of Common Stock with a grant date fair value of $100,000 to its Chief Executive Officer (“CEO Incentive Plan”) under the 2012 Stock Incentive Plan (the “2012 Plan”) to vest over a period of up to three years based on performance of the Company’s Common Stock. In October 2012, the Company adopted a plan pursuant to which up to 60,000 shares of Common stock would be awarded to employees based on various performance targets of the Company for the 2013 fiscal year. The Company recorded stock compensation expense of $105,238 and $163,783 and issued 46,696 and 218,694 shares of Common Stock during the three and nine months ended March 31, 2013. The fiscal year to date expenses for the vesting of shares of Common Stock as of March 31, 2013 related to the following: $33,334 for shares granted to an executive officer in September 2012 under the CEO Incentive Plan and which become vested in March 2013; $102,261 for shares issued to Company Directors in lieu of cash payment; and $28,188 for shares granted to employees in October 2012. 58,599 shares of Common Stock were issued to Company Directors in lieu of cash payment for compensation for services to the Company in the nine months ended March 31, 2013. 136,285 shares of Common Stock were issued to its executive officers under the Fiscal Year 2012 Performance Share Plan (the “2012 Performance Plan”) after the filing of the Company’s form 10-K on September 26, 2012; and, 23,810 shares of Common Stock were issued for the CEO Incentive Plan which became vested in March 2013. On September 5, 2012, at the recommendation of the Compensation Committee, the board of directors adopted the Fiscal Year 2013 Performance Share Plan (the “2013 Performance Plan”) covering the Company’s executive officers. Under the 2013 Performance Plan, each executive officer would be awarded common stock in the event the Company achieves certain performance goals during the fiscal year ending June 30, 2013. The metrics under the 2013 Performance Plan as well as the relative weightings of these metrics are identical to those originally set forth in the 2012 Performance Plan. No awards would be made under the 2013 Performance Plan if either (i) none of the minimum, threshold performance target goals has been achieved, or (ii) if operating earnings for the 2013 fiscal year are not equal or better than those during the 2012 fiscal year. If all of the target goals are achieved under the 2013 Performance Plan, the executive officers would be awarded shares having the following value: Mr. Herbert – $275,000; and Mr. DeMedio – $100,000. If all of the minimum, threshold performance target goals are achieved, the executive officers would be awarded shares having the following value: Mr. Herbert – $75,000; and Mr. DeMedio – $25,000. If all of the maximum, distinguished performance target goals are achieved, the executive officers would be awarded shares having the following value: Mr. Herbert – $550,000; and Mr. DeMedio – $200,000. If the actual results for the fiscal year are less than the target goals (but greater than the minimum, threshold performance target goals), each executive would be awarded a lesser pro rata number of shares from the target goal, if actual results are between target and maximum, then a pro rata number of shares between target and maximum is earned, and if actual results are above maximum (distinguished) than pro rata shares above maximum is earned. As of September 5, 2012 and through March 31, 2013, there were not sufficient shares for the maximum awards available under the existing 2012 stock incentive plan or another stock plan that had been approved by the shareholders of the Company. Therefore, in accordance with ASC Topic 718, “Stock Compensation”, this award is accounted for as a liability of the Company. As of March 31, 2013 and for the three and nine months then ended the Company recorded a liability as if the award will be settled in cash of $42,200 and recorded an expense reversal and expense of $45,537 and $42,200, respectively, as its estimate of the award earned by Messrs. Herbert and DeMedio. As of March 31, 2012, the Company recorded a liability of $114,117, and expense for the three and nine months then ended of $47,549 and $114,117, respectively, for the 2012 Performance Plan. During the three and nine months ended March 31, 2012, the Company recorded stock compensation expense of $83,300 and $510,797, and issued 5,480 and 195,278 shares of Common Stock, respectively. The 2012 fiscal year to date expenses for the vesting of shares of Common Stock as of March 31, 2012 related to the following: $109,980 of expense associated with severance for our former CEO; $124,842 and $210,186 for grants to the executive officers in April and September 2011, respectively; $6,991 of expenses related to vesting of shares granted to employees in June 2011; $43,798 of expenses related to vesting of shares granted to Directors of the Company in June 2011; and $15,000 for shares issued to Company Directors in lieu of cash payment. In the nine months ended March 31, 2012, executive officers exercised their right to cancel shares of common stock awarded to them under prior employment agreements and the 2012 Performance Plan for the payment of payroll taxes. In total 64,847 shares of the Company’s Common Stock were cancelled to satisfy $121,052 of related payroll obligations. Warrants to purchase up to 291,432 shares of Common Stock, issued in conjunction with the 2009 Rights Offering, exercisable at $2.20 per share expired unexercised on August 6, 2012; and, warrants to purchase up to 17,532 shares of Common Stock, issued in 2007, exercisable at $7.70 per share expired unexercised on October 17, 2012. Warrants issued under the 2010 Public Offering were exercised in the nine months ended March 31, 2013, resulting in the issuance of 96,086 shares of Common Stock at $1.13; in addition, broker-dealers exercised warrants issued through the 2010 Public and Rights Offerings resulting in the issuance of 17,094 shares of Common stock and the cancellation of 19,092 warrants for the cashless exercises.

COMMITMENTS	9 Months Ended
COMMITMENTS	Mar. 31, 2013
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	8. COMMITMENTS The Company leases space in Malvern, Pennsylvania for its product warehousing, shipping and customer support. In October 2011, the Company amended the lease of its operations site in Malvern, Pennsylvania, to extend the lease term from December 31, 2011 to December 31, 2012. The amendment includes monthly rental payments of approximately $15,100 to $16,200. Beginning in January 2012 the straight-lined rent expense for this office is approximately $15,600 per month for the duration of the amended lease period. In November 2012, the Company amended and extended this lease to January 31, 2013 with monthly rent of $16,721 for January 2013. In November 2012, the Company entered into a lease for a new operations site in Malvern, Pennsylvania to replace its existing site and lease. The lease term for the 11,250 square feet of space is January 1, 2013 through February 29, 2016. The lease includes monthly rental payments from $0 to $4,678. Beginning in January 2013 the straight-lined rent expense for this operations site is approximately $4,300 per month for the duration of the lease period.

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Mar. 31, 2013
Subsequent Events [Abstract]
SUBSEQUENT EVENT	9. SUBSEQUENT EVENTS Line of Credit On April 15, 2013, USA Technologies, Inc. (the “Company”) and Avidbank Corporate Finance, a division of Avidbank (the “Bank”), entered into a Third Amendment (the “Third Amendment”) to the Loan and Security Agreement dated as of June 21, 2012 previously entered into by them, as amended by a First Amendment thereto dated as of January 1, 2013, and by a Second Amendment thereto dated as of April 2, 2013 (collectively, the “Loan Agreement”). The Loan Agreement provides for a secured asset-based revolving line of credit facility (the “Line of Credit”). The Third Amendment provides that, among other things, the aggregate amount available under the Line of Credit will be increased from $3.0 million to $5.0 million, and the maturity date of the Line of Credit will be extended for another twelve months, or until June 21, 2014. Prior to the Third Amendment, the aggregate amount of advances available to the Company under the Line of Credit could not exceed the lesser of (i) $3.0 million, or (ii) 75% of eligible accounts receivable as defined in the Loan Agreement plus 80% of the prior two months transaction processing revenues and networking service fees as defined in the Loan Agreement, provided that the amounts advanced on account of such processing revenues and service fees could not exceed $2.0 million without the Bank’s prior consent. The Third Amendment provides that the aggregate amount of advances now available to the Company under the Line of Credit cannot exceed the lesser of (i) $5.0 million, or (ii) 80% of the prior three months transaction processing revenues and networking service fees as defined in the Loan Agreement. Prior to the Third Amendment, the Company was required to maintain a balance of unrestricted cash in accounts with the Bank of at least $3.0 million. The Third Amendment now provides that if the amount of the Company’s monthly “net cash provided by (used in) operating activities” including Jumpstart investments, as set forth in the Company’s monthly cash flow statements prepared in accordance with GAAP (the “RML”) is negative, the Company must maintain a balance of unrestricted cash in accounts with the Bank plus the availability under the Line of Credit of at least six times the RML. If the RML is positive, then in lieu of the foregoing requirement, the Company must maintain a minimum ratio of current assets to current liabilities of at least 1.00 to 1.00. On April 29, 2013, the Company and the Bank entered into a Fourth Amendment (“Fourth Amendment”) to the Loan and Security Agreement to change the RML from the monthly “net cash provided by (used in) operating activities” including Jumpstart investments to the average monthly amount (based on the prior three months) of the Company’s “net cash provided by (used in) operating activities” including JumpStart investments, as set forth in the Company’s monthly cash flow statements prepared in accordance with GAAP. Common Stock In April 2013, based on performance of the Company’s Common Stock an additional, 23,810 shares of Common Stock became vested under the CEO Incentive Plan (see Note 7).

ACCOUNTING POLICIES (Policies)	9 Months Ended
ACCOUNTING POLICIES (Policies)	Mar. 31, 2013
Organization, Consolidation, Basis Of Presentation, Business Description and Accounting Policies [Abstract]
Interim Financial Information	Interim Financial Information The accompanying unaudited consolidated financial statements of USA Technologies, Inc. have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements and therefore should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended June 30, 2012. In the opinion of management, all adjustments considered necessary for a fair presentation, consisting of normal recurring adjustments, have been included. Operating results for the three and nine-month periods ended March 31, 2013 are not necessarily indicative of the results that may be expected for the year ending June 30, 2013. The balance sheet at June 30, 2012 has been derived from the audited financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. The Company has incurred losses of $1,015,943 and $823,044 for the three and nine-month periods ended March 31, 2013, the Company had incurred losses from its inception through June 30, 2012. Although the Company anticipates nearing profitability for the full 2013 fiscal year, profitability is not assured. The impact on profitability of future changes to the fair value of our warrant liabilities, which is subject to secondary market conditions, is not reasonably predictable. The Company’s ability to meet its future obligations is dependent upon the success of its products and services in the marketplace and the available capital resources. Until the Company’s products and services can generate sufficient annual cash flows, the Company will be required to use its cash and cash equivalents on hand, its line of credit, and may be required to raise equity capital to meet its cash flow requirements.
Consolidation	Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Stitch Networks Corporation (“Stitch”) and USAT Capital Corp LLC (“USAT Capital”). All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Cash Equivalents	Cash Equivalents Cash equivalents represent all highly liquid investments with original maturities of three months or less. Cash equivalents are comprised of money market funds. The Company maintains its cash in bank deposit accounts, which may exceed federally insured limits at times. At March 31, 2013 and June 30, 2012, none of the cash and cash equivalents of the Company was payable to our customers. Included in accounts receivable are amounts for transactions processed with our card processers for which cash has not been received by the Company and included in accounts payable are amounts for transactions processed with our card processers and due to our customers, which are recorded net of fees due to the Company. Generally, contractual terms require us to remit amounts owed to our customers on a weekly basis.
Finance receivables	Finance Receivables The Company offers extended payment terms to certain customers for equipment sales under its Quick Start Program. Notes receivable or Quick Start leases are generally for a 36 or 60 month term. Finance receivables are carried at their contractual amount and charged off against the allowance for credit losses when management determines that recovery is unlikely and the Company ceases collection efforts. The Company recognizes a portion of the note or lease payments as interest income in the accompanying consolidated financial statements based on the effective interest rate method.
Inventory	Inventory Inventory consists of finished goods and packaging materials. The Company’s inventory is stated at the lower of cost (average cost basis) or market.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2010-06, “Fair Value Measurements and Disclosures (“Topic 820”): Improving Disclosures about Fair Value Measurements.” ASU 2009-06 amends certain disclosure requirements of Subtopic 820-10. This ASU provides additional disclosures for transfers in and out of Levels 1 and 2 and for activity in Level 3. This ASU also clarifies certain other existing disclosure requirements including level of desegregation and disclosures around inputs and valuation techniques. The Company’s financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows: Level 1- Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2- Inputs are other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3- Inputs are unobservable and reflect the Company’s assumptions that market participants would use in pricing the asset or liability. The Company develops these inputs based on the best information available. The Company’s financial instruments, principally cash equivalents, accounts receivable, finance receivables, prepaid expenses and other assets, accounts payable and accrued expenses, are carried at cost which approximates fair value due to the short-term maturity of these instruments. The fair value of the Company’s obligations under its long-term debt and credit agreements approximates their carrying value, as such instruments are at market rates currently available to the Company.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost. Property and equipment are depreciated on the straight-line basis over the estimated useful lives of the related assets. Leasehold improvements are amortized on the straight-line basis over the lesser of the estimated useful life of the asset or the respective lease term.
Accounting for Equity Awards	Accounting for Equity Awards In accordance with ASC 718, the cost of employee services received in exchange for an award of equity instruments is based on the grant-date fair value of the award and allocated over the vesting period of the award.
Income Taxes	Income Taxes A provision for income taxes of $6,911 and $20,734 (all deferred income taxes) was recorded for the three and nine months ended March 31, 2013. The provision for income taxes is not a function of nor related to the loss before provision for income taxes of $1,009,032 and $802,310 for the three and nine-month periods, respectively, because the Company has significant operating loss carryforwards that are available to negate any taxable income that would create current liabilities for income taxes. The provision for income taxes relates to the amortization of indefinite life intangible assets and goodwill that are being amortized for income tax purposes but not for financial reporting purposes giving rise to basis differences in such assets between financial and income tax reporting. The Company has substantial operating loss carryforwards and other items that create net deferred tax assets that have been offset by a valuation allowance as the realization of the deferred tax assets is not likely, principally due to a lack of earnings history. The deferred tax liabilities related to the amortization of the indefinite life assets are not subject to offset against deferred tax assets with finite lives. As of March 31, 2013 and June 30, 2012, deferred tax liabilities of $33,333 and $12,599, respectively, were recorded for the potential future state and federal income tax effects for these basis differences. There was no provision for income taxes for the three and nine months ended March 31, 2012.
Loss Per Common Share	Loss Per Common Share Basic earnings per share are calculated by dividing income (loss) applicable to common shares by the weighted average common shares outstanding for the period. Diluted earnings per share is calculated by dividing income (loss) applicable to common shares by the weighted average common shares outstanding for the year plus the effect of potential common shares unless such effect is anti-dilutive.
Reclassification	Reclassification Certain amounts in prior period financial statements have been reclassified to conform to the current period presentation.

FINANCE RECEIVABLES (Tables)

9 Months Ended

Mar. 31, 2013

Receivables [Abstract]

Schedule of finance receivables

	March 31,		June 30,
	2013		2012
	(unaudited)
Total finance receivables	$	495,431	$	542,847
Less current portion		113,485		206,649
Non-current portion of finance receivables	$	381,946	$	336,198

Schedule of credit quality indicators

Credit Quality Indicators
As of March 31, 2013

Credit risk profile based on payment activity:
	Leases

Performing	$	495,431
Nonperforming		-
Total	$	495,431

Schedule of age analysis of past due finance receivables

Age Analysis of Past Due Finance Receivables
As of March 31, 2013

	31 – 60		61 – 90		Greater than						Total
	Days Past Due		Days Past Due		90 Days Past Due		Total Past Due		Current		Finance Receivables

Leases	$	9,277	$	-	$	-	$	9,277	$	486,154	$	495,431
Total	$	9,277	$	-	$	-	$	9,277	$	486,154	$	495,431

ACCRUED EXPENSES (Tables)

9 Months Ended

Mar. 31, 2013

Accrued Liabilities [Abstract]

Schedule of accrued liabilities

	March 31,		June 30,
	2013		2012
	(unaudited)
Accrued compensation and related sales commissions	$	417,817	$	767,926
Accrued professional fees		167,987		482,664
Accrued taxes and filing fees		553,997		663,078
Advanced customer billings		324,310		311,767
Accrued proxy contest and litigation costs		-		992,520
Accrued rent		242,551		278,862
Accrued other		269,556		271,880
	$	1,976,218	$	3,768,697

LONG-TERM DEBT (Tables)

9 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Schedule of long-term debt

	March 31,		June 30,
	2013		2012
	(unaudited)
Capital lease obligations	$	365,515	$	426,007
Loan agreement		109,016		302,323
		474,531		728,330
Less current portion		314,756		466,056
	$	159,775	$	262,274

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Schedule of fair value of financial instruments required to be measured at fair value

March 31, 2013 (unaudited)	Level 1		Level 2		Level 3		Total

Cash equivalents	$	192,572	$	-	$	-	$	192,572
Common stock warrant liability, warrants exercisable at $2.6058 from September 18, 2011 through September 18, 2016	$	-	$	-	$	2,167,854	$	2,167,854
Common stock warrant liability, warrants exercisable at $5.90 through September 14, 2013	$	-	$	-	$	168	$	168

June 30, 2012	Level 1		Level 2		Level 3		Total

Cash equivalents	$	141,107	$	-	$	-	$	141,107
Common stock warrant liability, warrants exercisable at $2.6058 from September 18, 2011 through September 18, 2016	$	-	$	-	$	917,440	$	917,440
Common stock warrant liability, warrants exercisable at $5.90 through September 14, 2013	$	-	$	-	$	1,126	$	1,126

Schedule of fair value, liabilities measured on recurring basis, unobservable input reconciliation

	Nine months ended
	March 31,
	2013			2012
	(unaudited)			(unaudited)
Balance, Beginning of period	$	918,566		$	2,732,253
Purchase, sales, issuance, settlements, or transfers		-			-
Gain (loss) due to change in fair value of warrant liabilities, net		(1,249,456	)		1,983,442
Balance, End of period	$	2,168,022		$	748,811

- Definition

Tabular disclosure related to assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a recurring and/or nonrecurring basis in periods after initial recognition. Disclosures include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3) as well as transfers between levels 1 and 2.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a,b,bb)
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2C
-URI http://asc.fasb.org/extlink&oid=7578670&loc=SL7498348-110258

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 33
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 6
-Footnote 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References + Details

ACCOUNTING POLICIES (Detail Textuals) - USD ($)	3 Months Ended		9 Months Ended
ACCOUNTING POLICIES (Detail Textuals) - USD ($)	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Jun. 30, 2012
Organization, Consolidation, Basis Of Presentation, Business Description and Accounting Policies [Abstract]
Net loss	$ (1,015,943)	$ (538,618)	$ (823,044)	$ (2,438,631)
Provision for deferred tax liability	(6,911)		(20,734)
Income (loss) before provision for income taxes	(1,009,032)	$ (538,618)	(802,310)	$ (2,438,631)
Deferred tax liabilities	$ 33,333		$ 33,333		$ 12,599
Original maturities of all highly liquid investments represent cash equivalents				three months or less
Quick Start leases \| Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term of notes receivable or quick start leases			36 months
Quick Start leases \| Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term of notes receivable or quick start leases			60 months

FINANCE RECEIVABLES - Information regarding finance receivables (Details) - USD ($)	Mar. 31, 2013	Jun. 30, 2012
Receivables [Abstract]
Total finance receivables	$ 495,431	$ 542,847
Less current portion	113,485	206,649
Non-current portion of finance receivables	$ 381,946	$ 336,198

- Definition

An amount representing an agreement for an unconditional promise by the maker to pay the Company (holder) a definite sum of money within one year from the balance sheet date (or the normal operating cycle, whichever is longer), net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale.

+ References + Details

FINANCE RECEIVABLES - Credit risk profile based on payment activity (Details 1) - USD ($)	Mar. 31, 2013	Jun. 30, 2012
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables	$ 495,431	$ 542,847
Leases
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables	495,431
Performing \| Leases
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables	495,431
Nonperforming \| Leases
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables

FINANCE RECEIVABLES - Age analysis of past due finance receivables (Details 2) - USD ($)	Mar. 31, 2013	Jun. 30, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]
31-60 Days Past Due	$ 9,277
61-90 Days Past Due
Greater than 90 Days Past Due
Total Past Due	9,277
Current	486,154
Total Finance Receivables	495,431	$ 542,847
Leases
Financing Receivable, Recorded Investment, Past Due [Line Items]
31-60 Days Past Due	9,277
61-90 Days Past Due
Greater than 90 Days Past Due
Total Past Due	9,277
Current	486,154
Total Finance Receivables	$ 495,431

ACCRUED EXPENSES - Information regarding accrued expenses (Details) - USD ($)	Mar. 31, 2013	Jun. 30, 2012
Accrued Liabilities [Abstract]
Accrued compensation and related sales commissions	$ 417,817	$ 767,926
Accrued professional fees	167,987	482,664
Accrued taxes and filing fees	553,997	663,078
Advanced customer billings	324,310	311,767
Accrued proxy contest and litigation costs		992,520
Accrued rent	242,551	278,862
Accrued other	269,556	271,880
Accrued expenses, Total	$ 1,976,218	$ 3,768,697

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for professional fees, such as for legal and accounting services received. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for contractual rent under lease arrangements. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

LINE OF CREDIT (Detail Textuals)		1 Months Ended	3 Months Ended	9 Months Ended
LINE OF CREDIT (Detail Textuals)	Jul. 10, 2012 USD ($)	Apr. 15, 2013 USD ($)	Mar. 31, 2013 USD ($) $ / Warrant shares	Mar. 31, 2013 USD ($) $ / Warrant shares	Jun. 30, 2012 $ / Warrant
Line of Credit Facility [Line Items]
Exercise price of shares to be purchased as warrants (in dollars per share) \| $ / Warrant			2.6058	2.6058	2.6058
Warrants issued in conjunction with Line of Credit Amendment				$ 55,962
Non-cash interest and amortization of debt discount			$ 26,934	26,934
Unrestricted cash in accounts with bank			3,000,000	$ 3,000,000
Current assets to current liabilities, ratio				1.00 to 1.00
Line of credit			$ 2,000,000	$ 2,000,000
Line of Credit
Line of Credit Facility [Line Items]
Line of credit facility, description	The Loan Documents provide that the aggregate amount of advances under the Line of Credit shall not exceed the lesser of (i) $3.0 million, or (ii) 75% of eligible accounts receivable as defined in the Loan Documents plus 80% of the prior two months transaction processing revenues and networking service fees as defined in the Loan Documents, provided that the amounts advanced on account of such processing revenues and service fees shall not exceed $2,000,000 without the Bank's prior consent, after the First Amendment entered into on January 2, 2013.
Line of credit facility, interest rate description	The outstanding balance of the amounts advanced under the Line of Credit will bear interest at 2% above the prime rate as published in The Wall Street Journal or 5% whichever is higher.
Percentage of interest rate above prime rate as per condition one	2.00%
Percentage of interest rate on line of credit as per condition two	5.00%
Minimum interest payable on line of credit	$ 20,000
Line of Credit \| Avidbank (the "Bank")
Line of Credit Facility [Line Items]
Maximum limit of amount under line of credit	3,000,000
Maximum limit of amount of advances under Line of Credit	$ 3,000,000
Line of credit facility, basis of measurement	Prime rate
Percentage limit of eligible accounts receivable	75.00%
Percentage of prior months transaction processing revenues and networking service fees	80.00%
Threshold limit of processing revenues and service fees	$ 2,000,000
Line of Credit \| Avidbank (the "Bank") \| Warrant
Line of Credit Facility [Line Items]
Number of common stock called by warrants \| shares			45,000	45,000
Exercise price of shares to be purchased as warrants (in dollars per share) \| $ / Warrant			2.10	2.10
Warrants issued in conjunction with Line of Credit Amendment				$ 55,962
Line of Credit \| Avidbank (the "Bank") \| Subsequent Event
Line of Credit Facility [Line Items]
Line of credit facility, description		The Third Amendment provides that the aggregate amount of advances now available to the Company under the Line of Credit cannot exceed the lesser of (i) $5.0 million, or (ii) 80% of the prior three months transaction processing revenues and networking service fees as defined in the Loan Agreement.
Maximum limit of amount under line of credit		$ 5,000,000
Maximum limit of amount of advances under Line of Credit		$ 5,000,000
Percentage of prior months transaction processing revenues and networking service fees		80.00%

LONG-TERM DEBT (Details) - USD ($)	Mar. 31, 2013	Jun. 30, 2012
Debt Instrument [Line Items]
Long-term Debt	$ 474,531	$ 728,330
Less current portion	314,756	466,056
Long-term debt, less current portion	159,775	262,274
Capital Lease Obligations
Debt Instrument [Line Items]
Long-term Debt	365,515	426,007
Loans Payable
Debt Instrument [Line Items]
Long-term Debt	$ 109,016	$ 302,323

LONG-TERM DEBT (Details 1)	1 Months Ended		9 Months Ended
LONG-TERM DEBT (Details 1)	Jan. 31, 2013 USD ($) Installment	Jul. 31, 2012 USD ($) Installment	Mar. 31, 2013 USD ($) Installment
Financing for insurance policies premium
Debt Instrument [Line Items]
Long term debt, financed amount		$ 128,062
Long term debt, periodic payment		$ 13,103
Long term debt, payment terms		Monthly
Number of installments \| Installment		10
Long term debt, interest rate		5.02%
Capital lease for equipment to support customer service
Debt Instrument [Line Items]
Long term debt, capital lease, financed amount			$ 15,000
Long term debt, periodic payment			$ 464
Long term debt, payment terms			Monthly
Number of installments \| Installment			36
Long term debt, interest rate			7.40%
Capital lease for network equipment
Debt Instrument [Line Items]
Long term debt, capital lease, financed amount	$ 45,000		$ 24,000
Long term debt, periodic payment	$ 1,501		$ 8,686
Long term debt, payment terms	Monthly		Annual
Number of installments \| Installment	37		3
Long term debt, interest rate	13.88%		4.89%

FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair value of the company's financial instruments that are required to be measured at fair value (Details) - USD ($)	Mar. 31, 2013	Jun. 30, 2012
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 192,572	$ 141,107
Common stock warrant liability, warrants exercisable at $2.6058 from September 18, 2011 through September 18, 2016
Common stock warrant liability, warrants exercisable at $5.90 through September 14, 2013
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents
Common stock warrant liability, warrants exercisable at $2.6058 from September 18, 2011 through September 18, 2016
Common stock warrant liability, warrants exercisable at $5.90 through September 14, 2013
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents
Common stock warrant liability, warrants exercisable at $2.6058 from September 18, 2011 through September 18, 2016	2,167,854	917,440
Common stock warrant liability, warrants exercisable at $5.90 through September 14, 2013	168	1,126
Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	192,572	141,107
Common stock warrant liability, warrants exercisable at $2.6058 from September 18, 2011 through September 18, 2016	2,167,854	917,440
Common stock warrant liability, warrants exercisable at $5.90 through September 14, 2013	$ 168	$ 1,126

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months.

+ References + Details

FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair value of the company's financial instruments that are required to be measured at fair value (Parentheticals) (Details) (unaudited) - $ / Warrant	Mar. 31, 2013	Jun. 30, 2012
Fair Value Disclosures [Abstract]
Common stock warrant liability, warrants exercisable from September 18, 2011 through September 18, 2016, exercise price (in dollars per share)	2.6058	2.6058
Common stock warrant liability, warrants exercisable at through September 14, 2013, exercise price (in dollars per share)	5.90	5.90

FAIR VALUE OF FINANCIAL INSTRUMENTS - Changes in fair value of the Company's level 3 financial instruments (unaudited) (Details 1) - USD ($)	9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, Beginning of period	$ 918,566	$ 2,732,253
Purchase, sales, issuance, settlements, or transfers
Gain (loss) due to change in fair value of warrant liabilities, net	(1,249,456)	1,983,442
Balance, End of period	$ 2,168,022	$ 748,811

FAIR VALUE OF FINANCIAL INSTRUMENTS (Detail Textuals 1) - USD ($)	1 Months Ended		9 Months Ended
	Mar. 31, 2011	Mar. 31, 2007	Mar. 31, 2013	Jun. 30, 2012	Mar. 31, 2012	Jun. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of common stock warrants			$ 2,168,022	$ 918,566	$ 748,811	$ 2,732,253
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of common stock warrants			192,572	141,107
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of common stock warrants			168
Fair value of financial instrument			$ 2,168,022	$ 918,566
Purchase of company's common stock (in shares)	3,900,000	903,955
Valuation method used to determine fair value	Proprietary valuation models	Black-Scholes model
Dividend yield			0.00%
Expected stock price volatility			0.54%
Risk free interest rate			0.11%
Expected life			6 months

COMMON STOCK AND COMMON STOCK WARRANTS (Detail Textuals) - USD ($)	1 Months Ended					3 Months Ended		9 Months Ended
	Oct. 31, 2012	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2011	Apr. 30, 2011	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense							$ 83,300		$ 510,797
Number of common stock issued (in shares)							5,480		195,278
Former CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								$ 109,980
Executive officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares			$ 210,186		$ 124,842
Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares				$ 6,991
Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares				$ 43,798
Directors in lieu of cash payment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								15,000
Stock Incentive Plan 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense						$ 15,074		$ 65,058
Number of common stock issued (in shares)						500		12,441
Stock Incentive Plan 2010 \| Executive officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								$ 29,375
Stock Incentive Plan 2010 \| Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								1,724
Stock Incentive Plan 2010 \| Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								14,921
Stock Incentive Plan 2010 \| Directors in lieu of cash payment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								19,038
Stock Incentive Plan 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense						$ 28,697		$ 140,392
Number of common stock issued (in shares)						10,454		89,165
Common stock shares awarded (in shares)								30,000
Fair value of common stock shares awarded (in dollars per share)								$ 1.45
Number of common stock shares issued on August 10, 2012 (in shares)								9,999
Number of common Stock Shares issued on August 10, 2013 (in shares)								9,999
Number of common stock shares issued on August 10, 2014 (in shares)								10,002
Stock Incentive Plan 2011 \| Executive officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								$ 44,532
Stock Incentive Plan 2011 \| Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								38,160
Stock Incentive Plan 2011 \| Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								28,999
Stock Incentive Plan 2011 \| Directors in lieu of cash payment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								$ 28,701
Stock Incentive Plan 2011 \| Non employee directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares awarded (in shares)								10,000
Stock Incentive Plan 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense						$ 105,238		$ 163,783
Number of common stock issued (in shares)						46,696		218,694
Number of common stock shares cancelled which were exercised under prior employment agreements and the 2012 Performance Plan (in shares)								64,847
Stock Incentive Plan 2012 \| Executive officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								$ 33,334
Stock Incentive Plan 2012 \| Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares awarded (in shares)	60,000
Expenses relating to vesting of common stock shares								28,188
Stock Incentive Plan 2012 \| Directors in lieu of cash payment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses relating to vesting of common stock shares								$ 102,261
Common stock shares issued for cash payment for compensation for services								58,599
Stock Incentive Plan 2012 \| CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock issued (in shares)		71,429						23,810
Common stock shares awarded (in shares)		100,000
Performance Share Plan (the "2012 Plan")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recorded liability on stock based plan						$ 42,200	$ 114,117	$ 42,200	$ 114,117
Recorded stock compensation expense on stock based plans						45,537	$ 47,549	114,117	$ 114,117
Related payroll obligations						$ 121,052		$ 121,052
Performance Share Plan (the "2012 Plan") \| Executive officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock issued (in shares)								136,285
Performance Share Plan (the "2013 Plan") \| Mr. Herbert
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares awarded								$ 275,000
Performance Share Plan (the "2013 Plan") \| Mr. Herbert \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares awarded								75,000
Performance Share Plan (the "2013 Plan") \| Mr. Herbert \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares awarded								550,000
Performance Share Plan (the "2013 Plan") \| Mr. Demedio
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares awarded								100,000
Performance Share Plan (the "2013 Plan") \| Mr. Demedio \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares awarded								25,000
Performance Share Plan (the "2013 Plan") \| Mr. Demedio \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of shares awarded								$ 200,000

COMMON STOCK AND COMMON STOCK WARRANTS (Detail Textuals 1)	9 Months Ended
	Mar. 31, 2013 $ / Warrant shares	Oct. 17, 2012 $ / Warrant shares	Aug. 06, 2012 $ / Warrant shares	Jun. 30, 2012 $ / Warrant
Class of Warrant or Right [Line Items]
Exercise price of shares to be purchased as warrants (in dollars per share) \| $ / Warrant	2.6058			2.6058
Warrants issued under 2009 Rights Offering
Class of Warrant or Right [Line Items]
Total number of warrants issued (in shares)		17,532	291,432
Exercise price of shares to be purchased as warrants (in dollars per share) \| $ / Warrant		7.70	2.20
Warrants issued under 2010 Public and Rights Offerings
Class of Warrant or Right [Line Items]
Total number of warrants issued (in shares)	17,094
Number of warrants cancelled for cashless exercises (in shares)	19,092
Warrants issued under 2010 Public Offering
Class of Warrant or Right [Line Items]
Total number of warrants issued (in shares)	96,086
Exercise price of shares to be purchased as warrants (in dollars per share) \| $ / Warrant	1.13

COMMITMENTS (Detail Textuals)	1 Months Ended
COMMITMENTS (Detail Textuals)	Nov. 30, 2012 USD ($) ft²	Oct. 31, 2011 USD ($)
Malvern product warehousing facilities \| Product warehousing shipping And customer support
Operating Leased Assets [Line Items]
Lease expiration date	Jan. 31, 2013	Dec. 31, 2012
Operating leases, rent expense, minimum monthly rentals		$ 15,100
Operating leases, rent expense, maximum monthly rentals		16,200
Straight-lined rent expense per month	$ 16,721	$ 15,600
New operations site in Malvern Pennsylvania \| Property Subject to Operating Lease
Operating Leased Assets [Line Items]
Square feet area taken under operating lease \| ft²	11,250
Lease expiration date	Feb. 29, 2016
Operating leases, rent expense, minimum monthly rentals	$ 0
Operating leases, rent expense, maximum monthly rentals	4,678
Straight-lined rent expense per month	$ 4,300

SUBSEQUENT EVENTS (Detail textuals) - USD ($)		1 Months Ended			3 Months Ended		9 Months Ended
SUBSEQUENT EVENTS (Detail textuals) - USD ($)	Jul. 10, 2012	Apr. 30, 2013	Apr. 15, 2013	Sep. 30, 2012	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Subsequent Event [Line Items]
Number of common stock issued (in shares)						5,480		195,278
Stock Incentive Plan 2012
Subsequent Event [Line Items]
Number of common stock issued (in shares)					46,696		218,694
Stock Incentive Plan 2012 \| CEO
Subsequent Event [Line Items]
Number of common stock issued (in shares)				71,429			23,810
Line Of Credit
Subsequent Event [Line Items]
Line of credit facility, description	The Loan Documents provide that the aggregate amount of advances under the Line of Credit shall not exceed the lesser of (i) $3.0 million, or (ii) 75% of eligible accounts receivable as defined in the Loan Documents plus 80% of the prior two months transaction processing revenues and networking service fees as defined in the Loan Documents, provided that the amounts advanced on account of such processing revenues and service fees shall not exceed $2,000,000 without the Bank's prior consent, after the First Amendment entered into on January 2, 2013.
Line Of Credit \| Avidbank (the "Bank")
Subsequent Event [Line Items]
Maximum limit of amount under line of credit	$ 3,000,000
Maximum limit of amount of advances under Line of Credit	$ 3,000,000
Line of credit facility, basis of measurement	Prime rate
Percentage limit of eligible accounts receivable	75.00%
Percentage of prior months transaction processing revenues and networking service fees	80.00%
Threshold limit of processing revenues and service fees	$ 2,000,000
Subsequent Event \| Stock Incentive Plan 2012 \| CEO
Subsequent Event [Line Items]
Number of common stock issued (in shares)		23,810
Subsequent Event \| Line Of Credit \| Avidbank (the "Bank")
Subsequent Event [Line Items]
Line of credit facility, description			The Third Amendment provides that the aggregate amount of advances now available to the Company under the Line of Credit cannot exceed the lesser of (i) $5.0 million, or (ii) 80% of the prior three months transaction processing revenues and networking service fees as defined in the Loan Agreement.
Maximum limit of amount under line of credit			$ 5,000,000
Maximum limit of amount of advances under Line of Credit			$ 5,000,000
Percentage of prior months transaction processing revenues and networking service fees			80.00%