<ARTICLE> 5
<CIK> 0000896429
<NAME> USA TECHNOLOGIES, INC.
<MULTIPLIER> 1,000
<CURRENCY> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-START>                             JUL-01-1995
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                  1.000
<CASH>                                       1,773,356
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                    426,391
<CURRENT-ASSETS>                             2,309,711
<PP&E>                                         235,214     
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               2,587,371
<CURRENT-LIABILITIES>                          352,456
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  6,776,132       
<COMMON>                                     2,720,201 
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 2,587,371
<SALES>                                         84,847
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                2,536,544
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,749      
<INCOME-PRETAX>                             (2,451,697)       
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                (2,451,697)
<EPS-PRIMARY>                                    (0.23)
<EPS-DILUTED>                                    (0.23)