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USA Tech featured on list of 500 fastest growing tech companies

USA Technologies named to Deloitte's Technology Fast 500 for a ranking of 388 on its list of the 500 fastest-growing technology, media, communications, life sciences and clean technology companies in North America.

November 19, 2014

USA Technologies, provider of small-ticket self-service retailing payment and M2M solutions, was selected by Deloitte's Technology Fast 500 for a ranking of 388 on its list of the 500 fastest-growing technology, media, communications, life sciences and clean technology companies in North America, the company announced.

Rankings are based on 2009 to 2013 revenue growth, during which USA Technologies grew 199 percent, making this the fourth time the company has been featured on the Technology Fast 500 list. The company attributes its revenue growth to "innovative tools" connecting payment devices with integrated payment systems.

"The combination of market opportunity and our unique, customer-driven innovation provides USA Technologies with what we view as a significant edge as the cashless payment and M2M market continues to accelerate. With over a decade of experience in cashless payments, three-years' experience in mobile payments and what we believe is the largest network of NFC-enabled contactless terminals accepting mobile wallets like Apple Pay and Softcard in the United States, USA Technologies is a market leader for good reason," CEO Stephen P. Herbert said in a statement.