USA Technologies Teams Up with VendSys under DEX Partner Program

By Madhubanti Rudra October 04, 2012

In an effort to help optimize customers' use of cashless payment offerings, USA Technologies, the provider of wireless, cashless payment and M2M telemetry solutions, has teamed up with Internet-based vending management systems provider VendSys, under its DEX Partner Program.

Under the partnership, USAT is making its wireless DEX and telemetry technologies available to VendSys customers through its flagship ePort Connect service.

ePort Connect is a PCI-compliant, end-to-end suite of cashless payment and telemetry services specially tailored to fit the needs of the small ticket, self-service retail industries.

According to a news statement, Rawls, a Savanna, Georgia- based vending machines operator is one of the clients to utilize VendSys’ vending management systems that integrates vending management software fed by both handheld devices and wireless telemetry from USAT's ePorts.

“Rawls was seeking a solution that would make the most efficient use of today's technologies. We began with USAT's business-planning process for cashless deployment, which targets what we believe were the most lucrative locations for Rawls' initial cashless deployment. Working with VendSys, we then layered on the anticipated benefits of our wireless DEX for Rawls' high volume routes, while supporting lower volume routes with handheld data transmission—all of which fed into Rawls' new VendSys system,” USAT VP of Cashless Deployment Services, Jim Turner, explained in a statement.

By using this hybrid solution, Rawls reportedly gained a number of business benefits.

The addition of DEX telemetry to cashless vending reportedly shifted its transaction dollar hurdle by 67 percent, from a minimum of $5,000 a year per machine in cash sales before deploying cashless, to $3,000 a year.

“As a result of the efficiencies we gained from teaming up with USA Technologies and VendSys," continued Rawls. "Today we are doing more volume and higher gross profit margins on 9 routes, than what we were achieving on 14 routes a year ago. And our top 100 cashless machines are delivering over $2,500 card sales at 30% cashless usage. Our VendSys vending management system experience supported by USAT's DEX Partner Program has been delivering every benefit, from ease of deployment, employee training, and cost savings, to operational efficiencies. There is no one within 200 miles of us able to compete with our technology and services,”president of Rawls Distribution Robin Rawls acknowledged in a statement.

“A major advantage offered by VendSys is its ability to work seamlessly on a strategic selection of machines to create the most efficient and affordable solution. This allowed us to focus on a hybrid model, enabling the operator to take advantage of credit card acceptance and wireless DEX telemetry where the largest incremental benefits were believed to exist, and use standard pre-kit forecasting where that made sense. Together, the combined solutions from USA Technologies and VendSys improved operational efficiency and vending machine management without incurring sales losses due to out of stocks, while adding convenience and improved consumer satisfaction for a heightened purchasing experience at the vending machine,” VendSys Sales director Bill Lockett explained in a statement.

USA Technologies recently introduced QuickConnect, a web service designed for developers.

Want to learn more about M2M technologies? Don’t miss the M2M Evolution Conference, collocated with ITEXPO Austin 2012 happening now in Austin, TX.  Stay in touch with everything happening at M2M Evolution Conference. Follow us on Twitter.

Edited by Brooke Neuman

IoTevolutionworld Contributor

Related Articles

Hillcrest Labs Push Wearables to Next Level with MotionEngine

By: Ken Briodagh    9/29/2015

Today's wearable device manufacturers must piece together disparate, component-level software to create sensor-based devices, often at the expense of …

Read More

A Day Made of Glass: Corning Revolutionizes Technology

By: Special Guest    9/29/2015

Glass has become not only something one can look through, but also vital to how we communicate, survive, and strive in this technologically-driven wor…

Read More

Time to Protect Edge Devices from Targeted Attacks

By: Ken Briodagh    9/28/2015

One of the key weaknesses in the IoT is at the edge, where the devices that collect data really live. Now, two vendors have teamed up to close that vu…

Read More

Cisco Connected Pasta Brings CPG into the IoT

By: Ken Briodagh    9/28/2015

The idea of tracking the food supply chain is very much in the wheelhouse of the IoT, which is why the Food Safety Modernization Act (FSMA) is likely …

Read More

Module Company u-blox to Release Cat-1 Solutions Starting Next Month

By: Paula Bernier    9/23/2015

Swiss company u-blox this month announced new modules supporting LTE Cat-1 for the Internet of Things.

Read More