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USA Technologies Adds 85th Patent To Its Vending Tech Portfolio

Posted On: 4/8/2013

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TAGS: TAGS: vending, cashless vending, U.S. Patent Office, USA Technologies, USAT's 85th patent, U.S. Patent #8,373,558, generating an alert for a vending machine, Stephen P. Herbert, ePort Connect operators

MALVERN, PA -- The U.S. Patent Office has granted USA Technologies' 85th patent, further building USAT's portfolio of intellectual property in the area of cashless payment and remote diagnostics.

U.S. Patent #8,373,558 describes devices and methods for generating an alert for a vending machine. USAT already owns a collection of patents related to cashless payment, remote audit and interactive transaction capabilities in a vending machine.

USAT's chairman and chief executive Stephen P. Herbert said the latest patent is an example of how the company is enhancing diagnostics for ePort Connect operators. "Our customers, all traditionally cash-based businesses, are increasingly embracing technology to help improve their business results and customer satisfaction," he said. "As these customers move further into implementation of cashless payment, remote data monitoring and consumer engagement services, we believe our intellectual property portfolio offers them distinct added value."