RFID Contactless Payment Technology: Growth Market Opportunity

RFID Contactless Payment Technology: Growth Market Opportunity: Via USA Technologies: USA Technologies Issues Letter to Shareholders ...

... "This important agreement has placed the Company squarely in the middle of new payment technology being rolled out to millions of US consumers. Contactless RFID credit and debit cards are already being used at some movie theaters, quick serve restaurants and drug stores, and now, in vending machines. The card associations consider the $40 Billion vending market one of the last major opportunities for growth of cashless transactions, and believe that contactless RFID technology could help accelerate the vending industry's adoption and use of cashless payment. We believe this to be an important milestone for our Company. " ...

George R. Jensen Jr.
Chairman and CEO
USA Technologies, Inc.