Tuesday, May 3, 2011

Verizon Wireless and USA Technologies Partner to Deliver Industry-Leading Cashless Payments Services and M2M Solutions for Vending

Verizon Wireless and USA Technologies, Inc. announced a collaboration that the companies believe will accelerate the adoption of small-ticket, wireless, cashless payment services and machine-to-machine applications via USA Technologies’ ePort Connect Service.

The solution currently offered by USA Technologies will now include the Verizon Wireless network for connectivity that enables wireless point-of-sale payments at vending machines via credit and debit cards. Additionally, USA Technologies expects to benefit from Verizon Wireless’ Machine to Machine Management Center portal managed through nPhase, a Verizon Wireless-Qualcomm joint venture and pioneer in helping business ease deployment and management of M2M applications.

Being a partner with nPhase, we have seen the nPhase portal and all of the additional features it comes with. It seems that this collaboration was a great way to grow both businesses’ ventures in the M2M world. We will have to wait to see this final product but it seems they are on the right track to creating the turnkey solution that the vending machine market could likely embrace.

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