• USA Technologies' gets six patents for wireless networking and interactive payment solutions

0 Comments

MALVERN, Pa.— USA Technologies, Inc., (OTC Bulletin Board: USTT) an been issued six important e-Port patents covering everything from wireless networking, interactive point of sale solutions, to automotive telematics, according to a company news release.

The latest patents, among some of the most significant in the company's growing arsenal, brings the total number issued to USA Technologies by the US Patent and Trade Mark Office to 51, with 3 additional patents in notice of allowance, and another 34 pending.

"This makes USA Technologies a leader in its industry for leading edge patents in some of the most exciting emerging opportunities in today's global marketplace," said H. Brock Kolls, Senior Vice President of Research and Development, USA Technologies. "Not only do they strengthen our competitiveness in the emerging networked world, but they give USA
Technologies' customers the security of knowing their investments in our unique solutions are backed by valuable intellectual property."

Patent 6,629,080 was issued for the "Transaction Processing Method of Fulfilling an Electronic Commerce Transaction by an Electronic Commerce Terminal System".  This patent covers the process or method for authorizing and processing a credit card and other non cash transactions over an e-Port or similar device.

Patent 6,643,623 is entitled "Method of Transacting an Electronic Mail, an Electronic Commerce, and an Electronic Business Transaction by an Electronic Commerce Terminal Using a Gas Pump". This patent protects transactions when an e-Port or similar device is installed in a gas pump and consumers want to check their e-mail, make an add on purchase while pumping gas, or simply want to check news and weather reports.

Patent 6,622,124 was issued for "Method of Transacting an Electronic Mail, an Electronic Commerce, and an Electronic Business Transaction by an Electronic Commerce Terminal Operated on a Transportation Vehicle".  This patent covers the use of an e-Port or similar device when fitted in an automobile, bus or truck.

Patent 6,754,641 is entitled "Dynamic Identification Interchange Method for Exchanging One Form of Identification for Another".  This patents relates to a system having access to the Internet for the purposes of transacting e-mail, e-commerce, and e-business and for communicating voice and data.

Patent 6,763,336 was issued for "Method of Transacting an e-Mail, an e-Commerce, and an e-Business Transaction by an Electronic Commerce Terminal Using a Wirelessly Networked Plurality of Portable Digital Devices".  This patent relates to implementation of a wireless network system and method for allowing digital devices to connect to a wireless network for the purpose of data communicating, e-mail, e-commerce, and e-business by way of an e-Port or other electronic commerce terminal.

The sixth patent, number 6,684,197, was issued for "Method of Revaluing a Private Label Card Using an Electronic Commerce Terminal".  This patent applies to consumers purchasing a digital gift card, the value of which is stored in the USALive or similar network.  The value of the digital gift card can easily be adjusted.  This patent compliments another that was issued
to the company in 1997 related to transferring value from a credit card or bank account to a smart card.

 USA Technologies has an aggressive patent strategy in place intended to solidify a leadership position in markets such as Intelligent Vending, point of sale terminals, kiosks, laundromats, and various other forms of wireless-activated cashless transactions conducted over the Internet.

"The winners in today's global marketplace are those companies that are first to market their revolutionary new technology, and who safeguard that technology through patent protection," said Kolls.

The company reported that it is engaged in numerous intellectual property licensing negotiations with organizations that are interested in leveraging USA Technologies' patents, as well as some of its know-how, products and services, in a wide array of industries.

Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.
Products & Services

Human Resources KIOSKS

http://global.networldalliance.com/new/images/products/2080.png

2080/Human-Resources-KIOSKS

Customer Feedback System

http://global.networldalliance.com/new/images/products/4789.png

4789/Customer-Feedback-System

Olea Metropolis Kiosk

http://global.networldalliance.com/new/images/products/4326.png

4326/Olea-Metropolis-Kiosk

CUSTOM's TPT60CM II - Kiosk Printer

http://global.networldalliance.com/new/images/products/TPT60CMII_100px.jpg

2195/CUSTOM-s-TPT60CM-II-Kiosk-Printer

Olea Metro 22 Kiosk

http://global.networldalliance.com/new/images/products/4325.png

4325/Olea-Metro-22-Kiosk

Outdoor Encrypting PIN Pad with Display - Cryptera EPP 2100

http://global.networldalliance.com/new/images/products/897.png

897/Outdoor-Encrypting-PIN-Pad-with-Display-Cryptera-EPP-2100

Acquire Premier Editor Suite

http://global.networldalliance.com/new/images/products/4067.png

4067/Acquire-Premier-Editor-Suite

Installation & Implementation

http://global.networldalliance.com/new/images/products/4090.png

4090/Installation-Implementation

LG M6503CCBA - 65" class (64.5" measured diagonally)

http://global.networldalliance.com/new/images/products/4307.png

4307/LG-M6503CCBA-65-class-64-5-measured-diagonally

LG M3204CCBA - 32" class (31.5" measured diagonally)

http://global.networldalliance.com/new/images/products/4317.png

4317/LG-M3204CCBA-32-class-31-5-measured-diagonally

Customer Experience Technology Buyer
Self-Service Future Trends 2011
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.