USA Technologies reaches milestone in wireless transactions
15 September, 2010
category: Contactless
USA Technologies announced it has reached $8.3 million in small-ticket wireless transactions for August 2010, representing a 72% increase over August 2009.
According to USAT, the company also reached a record 200,000 transactions processed in a single day on Sept. 2 via its ePort Connect Service.
Additionally, as of June 30, USAT had approximately 82,000 connections on its service, versus 52,000 connections as of a year previous.
The company believes these milestones may indicate a “tipping point” of cashless payment systems in the markets that it serves, such as vending.