The current monthly processing rate exceeds USD 120 million in annualised transactions, up 20 percent from the USD 100 million annualised transaction rate achieved in September 2010.
On 12 February 2011, USA Technologies has registered a record of over 300,000 cashless transactions processed in a single day on its ePort Connect Service, up 50 percent compared to the last reported record of 200,000 in a single day on 2 September 2010.
The company billed monthly fees for approximately 90,000 of its connections on 31 December 2010. License and transaction fee revenue for the 31 December 2010 quarter was USD 3,755,690, compared to USD 2,073,786 in the quarter of the prior year.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now