Company Description

USA Technologies Inc. (NASDAQ: USAT) is an American company known for its work with ePort, a credit and debit card payment technology for vending machines, kiosks and point-of-sale (POS) terminals. The company also produced the EnergyMiser, which reduces the energy consumption of vending machines.USA Technologies was founded in 1992 by George R. Jensen Jr., a former financial analyst and business entrepreneur. The company holds 76 patents for point-to-point wireless and wired WAN communications. There currently are 82,000 members in its USALive Network. More recently, the company was named to Deloitte L.L.P's 2010 Technology Fast 500 List of the fastest growing companies in North America.