If you often find yourself at your office vending machine without any cash, you should love a company like
USA Technologies (NASDAQ:
USAT). This Pennsylvania-based company makes network devices to enable non-cash payments -- e.g., using credit cards for vending machines -- as well as remote monitoring and data-reporting devices.
In an automated age when we are increasingly moving away from cash, and using our credit cards more and more often, a company like USAT has enormous potential. Its most recent big announcement will give you a sense of why I like this company so much. Last month, USAT went public with news of a partnership with Mastercard that would enable Mastercard customers to set up their credit cards for use with vending machines, through a wireless, contactless "ePort" technology.
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MOST NOTEWORTHY: Glu Mobile, USA Technologies and Fulton Financial were today's noteworthy initiations:.gif){kind=logo}
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