Can USA Technologies Stay Alive?
USA Technologies (NASDAQ: USAT) is an interesting story. Mainly known for activity in the business of cashless transactions for the retail market, the company has developed products and services – most notably “ePort Connect” - which are aimed to be a one-stop shop for cashless payment. The company is supported by dozens of patents, has maintained partnerships with numerous major international corporations including Mastercard (MA), and has been in business since 1992 with a proven track record. Yet while USAT stockwas a healthy investment for the past several years,