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Microcap & Penny Stocks : USA Technologies

USAT 10.58

0.0%

Oct 29 4:00 PM EDT

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From: JakeStraw	10/14/2015 8:05:41 AM
	of 359

Canteen of Coastal California Expands Relationship with USAT Through Exclusive, Strategic, Multi-year Agreement finance.yahoo.com Growing Consumer Demand for Cashless Payments Accelerates Cashless Tech Adoption USAT is working with Canteen of Coastal California to deploy the ePorts, and Canteen Coastal has connected over 1,600 of the total 2,800 units previously shipped by USAT. Initial results already show a 34 percent cashless usage on machines connected to the ePort Connect Service and that the average ticket from cashless sales of $1.74 is 43 percent higher than the average ticket from cash sales of $1.21. "Canteen Coastal is part of a growing list of vending operators realizing that USAT’s technology and services can help increase sales and revenue at existing machines, and have committed to putting 100 percent of their machines on our service to realize the positive impact immediately," said Cecil Ledesma, vice president of Regional Sales for USA Technologies. “Our goal is to offer our customers a full package solution with the most innovative technology and comprehensive customer support. That way, they can accelerate their cashless trajectory with confidence and quickly reap the benefits of cashless.”

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