MALVERN, Pa.--(BUSINESS WIRE)--USA Technologies, Inc. (NASDAQ:USAT), a premier digital payment, consumer engagement and logistics service provider for the self-service retail market, today announced that Admiral Pepsi, one of the largest privately-held bottlers for Pepsi-Cola products in North America, signed a multi-year agreement for USAT’s ePort Connect Service. The agreement includes deployment of the ePort cashless payment system on nearly 6,000 machines in addition to the Seed Pro logistics software. The complete end-to-end enterprise solution would enable Admiral to provide cashless payments, improve customer service and route efficiency and reduce the company’s carbon footprint.
Admiral Beverage and affiliated companies have been quenching the thirst of the Pepsi generation for more than 50 years. The Company employs over 1,600 employees with 35 facilities operating in an eight-state region, producing 48 flavors and brands in bottles and cans.
“Admiral Beverage is dedicated to meeting the needs of the accounts by providing superior products and service,” said sources at Admiral Beverage. “USAT helps to fulfill this mission by providing a better consumer experience, offering consumers at those accounts new payment options like credit, debit and mobile, as well as ensuring we keep our machines stocked and full of the products in demand. The Seed Pro software has the dual benefit of also increasing operational efficiencies for Admiral. The increase in customer satisfaction, projected increase in revenue and decrease in operating costs make this a triple win for our company. We are looking forward to quickly deploying the full suite of USAT’s services and enjoying the benefits of the single platform that they offer.”
“Admiral’s reputation for superior service and dedication to innovation made them a perfect candidate for implementing both USAT’s cashless and the back-office services,” said Anant Agrawal, EVP Corporate Development, USA Technologies. “They have recognized for some time that an investment in technology would be an integral part of the company’s future, but had been unsure of who to partner with long-term on this important project. We are proud that Admiral selected USAT for both their cashless payments and their back-end management system and we are looking forward to working together on deploying our technology and ensuring Admiral continues to stay at the forefront of their industry.”
Admiral Beverage represents a new customer for USA Technologies and joins Pepsi Bottling Ventures as another significant partnership in the Pepsi Bottling organization.
USAT’s industry-leading ePort cashless payment system brings reliable, secure, and proven cashless payments to its customers’ machines. Seed Pro is a patented, cloud-based analytics system that delivers easy-to-use dynamic scheduling, accurate pre-kitting, smart alerts, and optimized merchandising.
About USA Technologies
USA Technologies, Inc. is a premier payment technology service provider of integrated cashless and mobile transactions in the self-service retail market. The company also provides a broad line of cashless acceptance technologies including its NFC-ready ePort® G-series, ePort Mobile® for customers on the go, ePort® Interactive, and QuickConnect, an API Web service for developers. Through its recent acquisition of Cantaloupe Systems, Inc. ("Cantaloupe"), the company also offers logistics, dynamic route scheduling, automated pre-kitting, responsive merchandising, inventory management, warehouse and accounting management solutions. Cantaloupe is a premier provider of cloud and mobile solutions for vending, micro markets, and office coffee services.
