USA Technologies Earns Frost & Sullivan's "2016 North America Customer Value Leadership Award for Integrated Financial Services and Retail"

USA Technologies (NASDAQ:USAT), a payment technology provider of cashless and mobile transactions in self-serve retail, today announced that it received the “2016 North America Customer Value Leadership Award” from Frost & Sullivan, the Growth Partnership Company. USAT earned the Award in recognition of its innovation in the integrated financial services and retail space industry in North America.
As quoted in the press release:

“We are honored to receive this prestigious Award from Frost & Sullivan,” said Stephen P. Herbert, Chairman and CEO, USA Technologies. “Leading the way for the adoption of cashless payments in a traditionally cash-based industry has been our pleasure the past 15 years. The team at USA Technologies has worked very hard to guide our customers through the transition to newer technologies while creating inherent value for and loyalty in consumers through frictionless transactions and loyalty programs. This Award has special significance to us, as it shows that the strides we’ve made in the market are being recognized.”
Frost & Sullivan has a global team of analysts and consultants continuously researching a wide range of markets across multiple sectors and geographies. As part of this ongoing research, Frost & Sullivan identifies companies that consistently deepen customer relationships by offering superior products and services that deliver a clear, demonstrable ROI. This research involves extensive primary and secondary research across the entire value chain of specific products. For the Customer Value Leadership Award, its analysts independently evaluated two key factors—Customer Impact and Business Impact. Against the backdrop of this research, Frost & Sullivan singled out USA Technologies, Inc. among the best in providing customer value in the market.

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