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News Breaks | | | | September 27, 2012 | | 10:40 EDT |  | USAT | USA Technologies reaches marketing agreement with Isis
USA Technologies disclosed that it and Isis, a mobile payment and commerce system joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, entered into a Marketing Agreement. Pursuant to the agreement, Isis and USA Technologies have agreed to work together to solicit owners and operators of vending machines located in the greater Austin, Texas and Salt Lake City, Utah markets to utilize the company's ePort and related ePort Connect Service which accept the Isis Mobile WalletTM. The agreement provides that Isis shall pay to the company a subsidy for each vending machine located in the above-mentioned markets which on or before December 31, 2012 utilizes the Company's ePort technology which accepts the Isis Mobile WalletTM. The date may be extended by the parties to March 31, 2013. The Isis subsidy applies to up to 7,500 of such vending machines. | |
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