My son is a junior at Georgia Tech (yes, a UGA admissions individual has a toddler at GT), where he is finding out Aerospace Engineering with a Certificates in Astrophysics. For over fifteen years, USAT has been helping customers in self-serve retail, historically money-primarily based industries, seamlessly make the transition to cashless cost and telemetry – and they are reaping the rewards of elevated income and happier customers.
(NASDAQ: USAT) (“USAT”), a cost know-how supplier of cashless and cell transactions in self-serve retail and Chase, are expanding joint efforts… Frankly, I expected to do the same with USAT this 12 months however didn’t get the chance. It is a very true and legitimate level, but what seems to be lost is that USAT is not only a vending machine bank card fee enabler… they are a merchandising machine payment enabler.
I consider that USAT’s recent quarterly results and secondary offering signal an inflection point that can result in a 50% rise within the shares over the following 12 months, with double-digit annual good points to ensue thereafter. Cell cost: Over 80 % of our customers already faucet into our contactless ePort G-series expertise.
They’re doing what they must do to achieve crucial mass ahead of a) an upgrade cycle that should build steam as technologies like NFC acquire prominence and b) an inflection point within the potential for the cost enabler to supply add-on functionality to machine homeowners, pushed by advances in – and economics of – Cloud and cellular communications technology.
Along with new know-how and services, the acquisition adds a West Coast operational footprint for USAT, with a gifted and experienced group, offering larger efficiencies in operational performance, expanded customer companies, gross sales and technical support to USAT’s increasing base of over 10,000 customers.