USA Technologies: Conquering the Last All-Cash Business Opportunity
USA Technologies is leading the way in pioneering technologies and services for one of the last all-cash business opportunities – in vending machines, kiosks and unattended point-of-sale terminals. PYMNTS.com spoke with CEO George Jensen about the company’s successful strategy for convincing these industries to go cashless and how their solution can be applied to non-traditional vending markets.
Related Articles: USA Technologies Improves Ranking as Leading Global Shipper of POS Terminals
George R. Jensen, Jr., Chairman of the Board and Chief Executive Officer
Mr. Jensen has been the Chief Executive Officer and Director of USA Technologies since January 1992. He is the founder, and was Chairman, Director, and Chief Executive Officer of American Film Technologies, Inc. ("AFT") from 1985 until 1992. AFT was in the business of creating color imaged versions of black-and-white films. From 1979 to 1985, Mr. Jensen was Chief Executive Officer and President of International Film Productions, Inc. He served as Executive Producer of the twelve-hour miniseries, "A.D.", a $35 million dollar production filmed in Tunisia. Procter and Gamble, Inc., the primary source of funds, co-produced and sponsored the epic, which aired in March 1985 for five consecutive nights on the NBC network. Mr. Jensen was also the Executive Producer for the 1983 special for public television, "A Tribute to Princess Grace.” From 1971 to 1978, Mr. Jensen was a securities broker, primarily for the firm of Smith Barney, Harris Upham. He was chosen 1989 Entrepreneur of the Year in the high technology category for the Philadelphia, Pennsylvania area by Ernst & Young LLP and Inc. Magazine. Mr. Jensen received his Bachelor of Science Degree from the University of Tennessee and is a graduate of the Advanced Management Program at the Wharton School of the University of Pennsylvania.
In the News
USA Technologies Named to Deloitte LLP’s FAST 500 List of Fastest Growing Companies in North America
USA Technologies, Inc. Reports Results for Fiscal 2011 Second Quarter
USA Technologies Exceeds 100,000 Connections to the USALive Network
USA Technologies' Innovative “JumpStart” Cashless Vending Program Wins Continued Customer Acceptance
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I think this company is ready to take off. I've been following them for years and own some stock. My kids don't use cash or checks for anything anymore.
Posted by BigT61, 03/02/2011 4:16pm (1 year ago)
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