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Issue Date: Vol. 52, No. 3, March 2012, Posted On: 2/20/2012

USAT Extends Payments Pact With Elavon

Emily Jed
cashless vending, vending machine, vending machine payment systems, USA Technologies Inc., Elavon, U.S. Bancorp, M2M telemetry solutions, self-service, small-ticket retail, point-of-sale transaction, POS transaction

MALVERN, PA -- USA Technologies Inc. said it has extended its 10-year relationship with Elavon, a global payments provider, for an additional three years.

USAT, a provider of cashless payment and M2M telemetry solutions for self-service, small-ticket retail businesses, said its partnership with Elavon will provide a seamless point-of-sale transaction at competitive rates.

"Continuing our relationship with USA Technologies provides Elavon with an opportunity to drive commerce and growth for the small-ticket market," said Tom Boyer, president of Elavon North America.

A wholly owned subsidiary of U.S. Bancorp, Elavon provides end-to-end payment-processing services to more than 1.2 million merchants in the U.S., Europe, Mexico, Brazil, Canada and Puerto Rico. Its solutions include credit and debit card processing, electronic check services, gift cards, multicurrency support and cross-border acquiring.

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