The wave of the future is clear in the eyes of Malvern-based USA Technologies, whose modern-day vending solutions employ cutting-edge wireless, cashless and micro-transaction technology. And the proof is in the bottom line: The company’s 199 percent growth over the past five years puts it among an elite group of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America.

USA Technologies was recently ranked No. 388 on Deloitte’s Technology Fast 500 list, according to a Finances.com report.

“Our growth speaks simultaneously to the dedication of the USAT team to meeting the service, technology and business needs of our customers every day, and the tremendous potential that we believe continues to exist for cashless payment and telemetry solutions in our market segment,” Chairman and CEO Stephen P. Herbert said in the article.

Read more about USA Technologies’ honor and its prospects for a fast-growing future with an expansive network to accept Apple Pay and other mobile wallets, all on Finances.com here.