USA Technologies, Inc. (OTC: USAT) (“USAT”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, has announced that National Entertainment Network, LLC, (“NEN”) signed an agreement to expand its relationship with USAT, the company said.
The agreement provides for the deployment of USAT´s NFC-capable ePort Connect® cashless payment system on 5,000 of NEN´s game room entertainment and bulk confection vending machines over twelve months, subject to the terms and conditions of the agreement. 1,800 devices have already been shipped. Prior to this agreement, NEN had deployed ePort Connect on 400 of its machines.
Headquartered in Broomfield, Colorado, NEN describes itself as the largest front-end retail and entertainment vending company in the nation, operating more than 50,000 pieces of amusement and entertainment equipment including skill cranes, kiddie rides, video game kiosks and customized game rooms in over 18,000 of the most popular retail and restaurant locations throughout the United States and Puerto Rico.
NEN´s machines equipped with ePort devices will be able to accept cash, credit/debit cards, and contactless payments made using various methods, including mobile wallet payments such as Google Pay and Apple Pay, as well as with QR codes, which will be accepted using QR code readers, which support the company´s consumer-facing digital marketing strategies. The technology will be showcased in USAT´s booth #3433 during the IAAPA Expo in Orlando, Florida November 18-22.
USA Technologies, Inc. is a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market.
National Entertainment Network (NEN) is the largest front-end retail and entertainment vending company in the nation, headquartered in Broomfield, Colorado.