USA Technologies, Inc. : Visa's London 2012 Olympic Games Trip for Life Sweepstakes to be Promoted on USA Technologies' Network
06/26/2012| 07:50am US/Eastern

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Immediate Promotion of Nationwide Visa Sweepstakes Now Available to
Visa Cardholders at USA Technologies' Vending and Other Self-Serve
Retail Locations
Visa, a Worldwide Olympic Games Sponsor for more than 25 years, together
with USA
Technologies, Inc. (NASDAQ: USAT), ("USAT"), a leader of wireless,
cashless payment and M2M telemetry solutions for small-ticket,
self-serve retailing industries, today announced the ability for vending
and other self-serve retail locations served by USAT in the U.S. to
promote Visa's London 2012 Olympic Games Trip for Life Sweepstakes. Under
the program, all consumers who use their Visa credit or debit card at
any self-service machines connected to USA Technologies' ePort Connect®
network through August 31, 2012 are automatically entered in the Visa
promotion. The winners will be awarded tickets to the summer sporting
events at every Olympic Games beginning in 2016, for the rest of their
lives.
Every four years, beginning the summer of 2016, one Grand Prize winner
and a guest will receive the following, courtesy of Visa:
-
Round trip airfare
-
Deluxe hotel accommodations
-
Tickets to Olympic Games events
No purchase or obligation necessary to enter or win. For complete
details see the Official Rules at Visa's website: www.Visa.com/tripforlife2012promo
"USA Technologies is pleased to be able to take this great Visa
promotion and extend it to the vending and other unattended retail
markets we serve," said Stephen P. Herbert, Chairman and CEO of USA
Technologies. "With over 155,000 connections to our ePort Connect
service, USA Technologies offers Visa credit and debit cardholders the
opportunity to participate when making small ticket, 'every day'
purchases, such as buying a cold drink, food or snack from a vending
machine. As we approach the start of the London 2012 Olympic Games, it's
an exciting way to provide our customers with a program that adds
"value" to the consumer experience. USAT's ePort Connect service base is
a powerful platform for reaching consumers and we are happy to
participate in this program with Visa."
USA Technologies recently launched the availability of promoting this
Visa sweepstakes to the vending industry at the National Vending Trade
Show and Conference (NAMA), April 25-27, 2012 in Las Vegas. The
promotion is available now through August 31, 2012.
About Visa:
Visa is a global payments technology company that connects consumers,
businesses, financial institutions and governments in more than 200
countries and territories to fast, secure and reliable digital currency.
Underpinning digital currency is one of the world's most advanced
processing networks--VisaNet--that is capable of handling more than 10,000
transactions a second, with fraud protection for consumers and
guaranteed payment for merchants. Visa is not a bank and does not issue
cards, extend credit or set rates and fees for consumers. Visa's
innovations, however, enable its financial institution customers to
offer consumers more choices: pay now with debit, ahead of time with
prepaid or later with credit products. For more information, visit www.corporate.visa.com.
About USA Technologies:
USA Technologies is a leader in the networking of wireless non-cash
transactions, associated financial/network services and energy
management. USA Technologies provides networked credit card and other
non-cash systems and services in the vending, commercial laundry,
hospitality and digital imaging industries. USA Technologies has been
granted 79 patents and has agreements with Verizon, Visa, Compass, Crane
and others. Visit our website at www.usatech.com.
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USA Technologies
VP Corp. Comm. & Investor Relations
Veronica
Rosa, 484-359-2138
vrosa@usatech.com
© Business Wire 2012
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