USA Technologies, Inc., a provider of wireless, cashless payment and M2M telemetry services for self-serve, small-ticket retailing industries, last week announced that its customer, Pepi Food Services, has signed an agreement to go 100% cashless by the end of 2012. Using USA Technologies ePort Connect cashless payment and telemetry service, Pepi plans to convert its entire vending machine base to 100% cashless three years ahead of Pepi's original plan.
Pepi Food Services (Dothan, Ala., USA), is a provider of vending and food services. Two years ago, Pepi began working on a plan to roll out a cashless service to its vending machine base over the course of a five-year period. Based on customer response to the machines already networked and incentives such as USA Technologies' JumpStart program, Pepi has implemented plans to accelerate that timetable, with full deployment targeted for the end of 2012, says USA Technologies (Malvern, Pa., USA).
Pepi's decision to accelerate cashless with USA Technologies was based, in part, on the ease of USA Technologies' end-to-end service, including its integrated telemetry services that provides customers with cashless payment and remote data collection. Pepi has also benefitted from USA Technologies' JumpStart Program—a bundled option that enables customers to quickly deploy the ePort cashless payment and telemetry service without upfront capital costs.
"We are always on the lookout for the latest trends and technologies and USA Technologies helps us stay ahead of the curve,” says Vic Pemberton, President and founder of Pepi Food Services. “For example, we have already deployed some of their NFC/contactless and mobile payments technology. When that trend reaches mainstream vending, we want to be ready."
USA Technologies now has nearly 60,000 terminals linked to its ePort Connect service that are able to accept NFC/contactless payments—RFID and mobile—enabling its operator customers to accept these new forms of payment. The service is designed to be open to all mobile payment platforms, including Google Wallet, ISIS, PayPal and others.