Business
CORRECTING and REPLACING USAT Announces Upgrade Program for 2G and 3G Devices
Platform as a Service Offers the Leading Solution for Best Return on Investment Operators Now Have the Choice to Include EMV As Part of Upgrade MALVERN,
About this update from Cantaloupe, Inc.
[{"type":"text","content":"\nPlatform as a Service Offers the Leading Solution for Best Return on Investment\n\nOperators Now Have the Choice to Include EMV As Part of Upgrade \n\n MALVERN, Pa.--(BUSINESS WIRE)--\nFirst subhead of release should read: Platform as a Service Offers the Leading Solution for Best Return on Investment\n\nAlso, third paragraph, first sentence should read: “It’s a testimony to our knowhow that so many of our legacy devices in the field have continued to operate and the longevity of our devices have outpaced the shelf life of the networks,” said Anant Agrawal, chief revenue officer, USA Technologies.\n\nThe updated release reads:\n\nUSAT ANNOUNCES UPGRADE PROGRAM FOR 2G AND 3G DEVICES\n\nPlatform as a Service Offers the Leading Solution for Best Return on Investment\n\nOperators Now Have the Choice to Include EMV As Part of Upgrade\n\nUSA Technologies, Inc. (OTC: USAT) (\"USAT\"), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today announced its initiatives in preparation for the wireless industry phasing out legacy 2G and 3G networks.\n\nMobile network operators across the globe and in the U.S. are beginning to sunset their 2G and 3G networks as 4G long-term evolution (LTE) is now the industry standard. USAT migrated most of its customers from 2G to 3G, but will work with those still on legacy devices, to complete the remaining 2G upgrades in the field. USAT is committed to making the transition seamless. To ensure business continuity, customers with devices that are reliant on either network generation will need to upgrade no later than end of 2022, although some carriers do have 2021 sunset dates. This will affect all ePort and Seed devices in the United States.\n\n“It’s a testimony to our knowhow that so many of our legacy devices in the field have continued to operate and the longevity of our devices have outpaced the shelf life of the networks,” said Anant Agrawal, chief revenue officer, USA Technologies. “Throughout the years we have demonstrated keen foresight in developing our products, with the goal of protecting our customers’ investment to last as long as possible, underlining our dedication as a trusted partner. We remain steadfast in giving our customers access to the latest technology, through our integrated Platform as a Service ...