USA Technologies (NASDAQ:USAT) announced today its ePort Edge product is available to be shipped to customers.
"Priced at $199, the ePort EDGE is intended to allow our customers to implement cashless transactions with less up-front cost," said Mr. Stephen P. Herbert, President and COO, USA Technologies. "The ePort EDGE is positioned to offer cashless solutions at a fraction of the typical investment."
The EDGE is an all-in-one device equipped with enhanced features, including faster credit and debit card authentication, a simplified, one-piece design for faster install, and flexibility for application in markets beyond vending.
"We continue to focus on our customer's needs in order to attempt to bring them the best products and services to help them grow their business," said Mr. Herbert. The ePort EDGE represents a "slimmed down" design built on a hardware and software platform that provides a range of features that include:
- One-piece design (card reader and processor combined) that enable magnetic swipe card transactions;
- Faster transaction processing delivered by a more powerful processor;
- Over-the-Air (OTA) Update capability that allows changes to be made to codes and encryption remotely, by wireless, overcoming the need of visiting each terminal to make the changes.
For customers looking for more consumer payment flexibility, the ePort G8 is available. The ePort G8 accepts payment via contactless cards, NFC enabled cell phones and key fobs.
The Company's ePort, eSuds and other payment devices are installed in approximately 48,000 locations across the U.S. and Canada, and the related USALive network has processed more than 35 million transactions since July 2006.