Document:

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Exhibit 4.30

                            STOCK PURCHASE AGREEMENT

              This Stock Purchase Agreement ("Agreement") is made this 24 day of
September  2003,  by  and  between  USA   TECHNOLOGIES,   INC.,  a  Pennsylvania
corporation   ("USA"  or  "Company"),   and  FULCRUM  GLOBAL   PARTNERS  LLC,  a
_____________ limited liability company ("Buyer").

                                   Background

As more  fully set forth  herein,  the Buyer  has  agreed to  purchase  from the
Company  260,000 shares of Common Stock of USA (the  "Securities")  for $.25 per
share, for an aggregate of $65,000 ("Purchase Price").

                                    Agreement

NOW THEREFORE, intending to be legally bound hereby, the parties hereto agree as
follows:

1. Subscription.  The Buyer hereby purchases the Securities from the Company and
the Company hereby sells and issues the Securities to the Buyer. In full payment
for the  Securities,  the  Buyer  has  delivered  to USA,  upon  receipt  of the
Securities,  a check  payable to USA or wire transfer of  immediately  available
funds in the  amount  of  $65,000.  USA has  delivered  to  Buyer a  certificate
representing the Buyer's interest in the 260,000 shares of USA Common Stock duly
registered in the name of Buyer.

No later  than  thirty  days  after the date  hereof,  USA shall at its cost and
expense   prepare  and  file  a  Registration   Statement   filed  on  Form  S-3
("Registration  Statement") with the Securities and Exchange  Commission ("SEC")
registering  all of the Securities for resale by the holder under the Securities
Act of 1933,  as amended ("33 Act").  In the event that Form S-3 is  unavailable
and/or  inappropriate for such a registration,  the Company shall use such other
form as is available and appropriate for such a registration.  The  Registration
Statement shall be prepared as a "shelf" Registration  Statement under Rule 415.
Thereafter,  the  Company  will use its best  efforts  to have the  Registration
Statement declared effective by the SEC within ninety days from the date hereof.

The  Company  shall  use its best  efforts  to have the  Registration  Statement
maintained  effective  until the earlier of (i) one year from the effective date
thereof,  or (ii) the date that all of the Securities are resold pursuant to the
Registration Statement or otherwise.

In the event that the  Registration  Statement to be filed by the Company is not
declared effective by the SEC within ninety days from the date hereof,  then the
Company  will pay Buyer as  liquidated  damages  for such  failure  and not as a
penalty three percent (3%) of the Purchase Price ("Liquidated  Damages Amount").
Such payment of the  liquidated  damages shall be made to Buyer in cash,  within
five (5) calendar days of demand;  provided,  however,  that the payment of such
liquidated  damages  shall not  relieve  the  Company  from its  obligations  to
register the Securities pursuant to this Agreement.

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         2.  Verification  of  Status as  "Accredited  Investor".  Buyer  hereby
represents to USA that it qualifies as an "accredited  investor" as such term is
defined in Rule 501 promulgated under the 33 Act, with total assets in excess of
$5,000,000.  Buyer hereby represents that it is not a corporation or partnership
formed for the specific purpose of acquiring the Securities.

         3.  Representations  And Warranties of the Company.  The Company hereby
makes the following representations and warranties to the Buyer:

                  (a) Issuance of Securities. The issuance of the Securities has
been duly authorized by USA, and the Securities are validly  issued,  fully paid
and non-assessable.

                  (b) Corporate Organization.  The Company is a corporation duly
organized,  validly  existing  and  in  good  standing  under  the  laws  of the
Commonwealth of Pennsylvania,  with all requisite power, authority and licensing
to own,  operate and lease its properties and carry on its business as now being
conducted.

                  (c) Authority.  The execution and delivery of this  Agreement,
and the  consummation  of the  transactions  contemplated  hereby have been duly
authorized  by the Board of  Directors  of the  Company  and no other  corporate
proceedings on the part of the Company are necessary to authorize this Agreement
or to carry out the transactions contemplated hereby.

         4.  Representations  by Buyer.  Buyer  represents  and  warrants to the
Company as follows:

              (a) Buyer has received,  read and  understands  the  provisions of
              each of the  following:  (i) the  Company's  Annual Report on Form
              10-KSB for the fiscal year ended June 30, 2002; (ii) the Company's
              Quarterly  Report on Form 10-QSB for the quarter  ended  September
              30, 2002; (iii) the Company's  Quarterly Report on Form 10-QSB for
              the quarter ended December 31, 2002; (iv) the Company's  Quarterly
              Report on Form 10-QSB for the quarter ended March 31, 2003; (v)the
              Company's   Registration   Statement   on  Form  SB-2   (File  No.
              333-101032) filed on November 6, 2002 with the SEC (as well as the
              first  amendment  thereto filed with the SEC on April 17, 2003 and
              the  second  amendment  thereto  filed  with the SEC on  August 5,
              2003);  (vi) the  Company's  Registration  Statement  on Form SB-2
              (File No.  333-107800) filed on August 8, 2003 with the SEC; (vii)
              the definitive  proxy  statement of the Company filed with the SEC
              on June 11, 2003; and (viii) the Risk Factors section incorporated
              by reference herein in Section 4(f) hereof. Buyer understands that
              all of  the  foregoing  together  with  this  Agreement  shall  be
              referred to herein as "Offering Materials".

              (b)  Buyer has  relied  only upon the  information  presented  and
              contained in the Offering Materials. Buyer has had the opportunity
              to ask of the  person or persons  acting on behalf of the  Company
              any and all relevant  questions in  connection  with any aspect of
              the Company including,  but not limited to, the Securities offered
              by the  Offering  Materials  and has  received  answers  which  it
              considers to be reasonably responsive to such questions. Buyer has
              had the  opportunity  to verify the  accuracy  of the  information
              contained in the Offering Materials.

                                       63
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              (c) Buyer  understands  that it is subscribing  for the Securities
              without being furnished any literature or prospectus in connection
              with the  offering  of the  Securities  other  than  the  Offering
              Materials,  and that the offering of the  Securities  presented in
              the  Offering  Materials  will not have  been  scrutinized  by the
              securities  administrator or similar bureau, agency, or department
              of the state of its residence.

              (d)  Buyer  understands  (i)  that  the  Securities  have not been
              registered  under the 33 Act or registered or qualified  under the
              securities  laws of the  state of  domicile  of  Buyer;  (ii) that
              except as otherwise provided herein, Buyer has no right to require
              such registration or qualification; and (iii) that therefore Buyer
              must bear the economic  risk of the  investment  for an indefinite
              period of time  because the  Securities  may not be sold unless so
              registered   or  qualified  or  unless  an  exemption   from  such
              registration and qualification is available.

              Although  the  Company  has  agreed  to use its  best  efforts  to
              register  for resale the  Securities  with the SEC, and to use its
              best  efforts  to keep such  registration  statement  current  and
              effective,  there can be no  assurance  that such  efforts will be
              successful.  In  any  such  event,  the  Securities  would  not be
              registered  for resale under the 33 Act, and could only be sold by
              the holder in reliance upon exemptions from registration under the
              33 Act.

              (e) Subject to being resold pursuant to an effective  registration
              statement,  the  Securities  are being  purchased  for Buyer's own
              account for  investment  purposes only and not for the interest of
              any other person and are not being purchased with a view to or for
              the  resale,   distribution,   subdivision  or   fractionalization
              thereof.  Although the Common Stock of USA is currently  traded on
              the  OTC  Bulletin  Board  under  the  symbol  USTT,   Buyer  also
              understands  that there may not be any established  public trading
              market for the sale of the Securities.

              (f) Buyer recognizes that the purchase of the Securities  involves
              a high  degree of risk  including  those  special  risks set forth
              under the caption "Risk Factors" and "Forward Looking  Statements"
              in the Form SB-2  Registration  Statement of the Company (File No.
              333-107800) filed with the SEC on August 8, 2003, all of which are
              incorporated herein by reference.

              (g)  Subject to the  registration  rights set forth  above,  Buyer
              understands  that its right to  transfer  the  Securities  will be
              restricted   as  set  forth  on  the  stock   certificates.   Such
              restrictions  include  provisions  against  transfer  unless  such
              transfer is not in  violation of the 33 Act, or  applicable  state
              securities laws (including investor suitability standards).  Buyer
              is familiar  with  Regulation M  promulgated  under the 33 Act and
              agrees to comply with its obligations thereunder.

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              (h) All  information  which the Buyer has  provided to the Company
              including,  but not limited to, its tax identification number, its
              financial position,  and status as an accredited investor, and its
              knowledge of financial and business  matters is true,  correct and
              complete  as of the date of  execution  of this  Agreement.  Buyer
              understands  that  USA will  rely in a  material  degree  upon the
              representations contained herein.

              (i) Buyer  maintains a principal  place of business at the address
              shown  on the  attached  schedule  A of this  Agreement,  at which
              address Buyer has subscribed for the Securities.

              (j)  Buyer   understands   that  legends  may  be  placed  on  any
              certificate  representing  the  Securities  substantially  to  the
              following effect:

THE SHARES  REPRESENTED BY THIS  CERTIFICATE  HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED,  OR APPLICABLE STATE SECURITIES STATUTES AND
REGULATIONS.  SUCH SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD,
TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
STATEMENT  FOR SUCH SHARES  UNDER THE  SECURITIES  ACT OF 1933,  AS AMENDED,  OR
APPLICABLE STATE SECURITIES  STATUTES AND  REGULATIONS,  UNLESS,  IN THE OPINION
(WHICH  SHALL BE IN FORM  AND  SUBSTANCE  SATISFACTORY  TO THE  CORPORATION)  OF
COUNSEL SATISFACTORY TO THE CORPORATION, SUCH REGISTRATION IS NOT REQUIRED.

                  (k) The  execution  and  delivery of this  Agreement,  and the
         consummation  of the  transactions  contemplated  hereby  has been duly
         authorized by Buyer.

5. Survival of Representations,  Warranties, Covenants, Agreements and Remedies.
Except  as  specifically   provided  otherwise  herein,   all   representations,
warranties,  covenants,  agreements  and remedies of the parties  hereto,  shall
survive the date hereof.

6. Entire  Agreement.  This Agreement  constitutes the entire  understanding and
agreement   between  the  parties  hereto  with  respect  to  the   transactions
contemplated  herein,  supersedes  all  prior  and  contemporaneous  agreements,
understandings,  negotiations and discussions,  whether oral or written,  of the
parties, and there have been no warranties, representations or promises, written
or oral, made by any of the parties hereto except as herein  expressly set forth
herein.

7.  Binding  Agreement.  This  Agreement  shall be binding upon and inure to the
benefit of the  parties  hereto,  as well as their  respective  heirs,  personal
representatives,  successors and assigns but no party may assign its obligations
hereunder.

8.  Pennsylvania  Law Controls.  This Agreement shall be construed in accordance
with and  shall be  governed  by the laws of the  Commonwealth  of  Pennsylvania
without regard to its conflicts of law rules.

IN WITNESS  WHEREOF,  the  parties  hereto  have  executed  and  delivered  this
Agreement the date first above written.

                                       65
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                                     BUYER:

                                     FULCRUM GLOBAL PARTNERS LLC

Witness: /s/ illegible               By: /s/ Allen Weichselbaum
                                     Title: Managing Director

                                     Address:
                                     535 Madison Avenue- 8th Floor
                                     New York, NY 10022

                                     Tax Identification Number:
                                     -----------------------------------
                                     USA TECHNOLOGIES, INC.

                                     By: /s/ George R. Jensen, Jr.
                                         -------------------------------
                                         George R. Jensen, Jr.,
                                         Chief Executive Officer

                                       66<PAGE>

Exhibit 4.31

                            STOCK PURCHASE AGREEMENT

              This Stock Purchase  Agreement  ("Agreement") is made this ___ day
of  September  2003,  by and  between USA  TECHNOLOGIES,  INC.,  a  Pennsylvania
corporation  ("USA" or  "Company"),  and  PROPHECY  ASSET  MANAGEMENT,  INC.,  a
_____________ corporation ("Buyer").

                                   Background

              As more fully set forth  herein,  the Buyer has agreed to purchase
from the Company  750,000 shares of Common Stock of USA (the  "Securities")  for
$0.25 per share, for an aggregate of $_____________ ("Purchase Price").

                                    Agreement

NOW THEREFORE, intending to be legally bound hereby, the parties hereto agree as
follows:

1. Subscription.  The Buyer hereby purchases the Securities from the Company and
the Company hereby sells and issues the Securities to the Buyer. In full payment
for the  Securities,  the  Buyer  has  delivered  to USA,  upon  receipt  of the
Securities,  a check  payable to USA or wire transfer of  immediately  available
funds in the  amount  of  $187,500.  USA has  delivered  to Buyer a  certificate
representing the Buyer's  interest in the __________  shares of USA Common Stock
duly registered in the name of Buyer.

No later  than  thirty  days  after the date  hereof,  USA shall at its cost and
expense   prepare  and  file  a  Registration   Statement   filed  on  Form  S-3
("Registration  Statement") with the Securities and Exchange  Commission ("SEC")
registering  all of the Securities for resale by the holder under the Securities
Act of 1933,  as amended ("33 Act").  In the event that Form S-3 is  unavailable
and/or  inappropriate for such a registration,  the Company shall use such other
form as is available and appropriate for such a registration.  The  Registration
Statement shall be prepared as a "shelf" Registration  Statement under Rule 415.
Thereafter,  the  Company  will use its best  efforts  to have the  Registration
Statement declared effective by the SEC within ninety days from the date hereof.

The  Company  shall  use its best  efforts  to have the  Registration  Statement
maintained  effective  until the earlier of (i) one year from the effective date
thereof,  or (ii) the date that all of the Securities are resold pursuant to the
Registration Statement or otherwise.

In the event that the  Registration  Statement to be filed by the Company is not
declared effective by the SEC within ninety days from the date hereof,  then the
Company  will pay Buyer as  liquidated  damages  for such  failure  and not as a
penalty three percent (3%) of the Purchase Price ("Liquidated  Damages Amount").
Such payment of the  liquidated  damages shall be made to Buyer in cash,  within
five (5) calendar days of demand;  provided,  however,  that the payment of such
liquidated  damages  shall not  relieve  the  Company  from its  obligations  to
register the Securities pursuant to this Agreement.

         2.  Verification  of  Status as  "Accredited  Investor".  Buyer  hereby
represents to USA that it qualifies as an "accredited  investor" as such term is

                                       67
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defined in Rule 501 promulgated under the 33 Act, with total assets in excess of
$5,000,000.  Buyer hereby represents that it is not a corporation or partnership
formed for the specific purpose of acquiring the Securities.

         3.  Representations  And Warranties of the Company.  The Company hereby
makes the following representations and warranties to the Buyer:

                  (a) Issuance of Securities. The issuance of the Securities has
been duly authorized by USA, and the Securities are validly  issued,  fully paid
and non-assessable.

                  (b) Corporate Organization.  The Company is a corporation duly
organized,  validly  existing  and  in  good  standing  under  the  laws  of the
Commonwealth of Pennsylvania,  with all requisite power, authority and licensing
to own,  operate and lease its properties and carry on its business as now being
conducted.

                  (c) Authority.  The execution and delivery of this  Agreement,
and the  consummation  of the  transactions  contemplated  hereby have been duly
authorized  by the Board of  Directors  of the  Company  and no other  corporate
proceedings on the part of the Company are necessary to authorize this Agreement
or to carry out the transactions contemplated hereby.

         4.  Representations  by Buyer.  Buyer  represents  and  warrants to the
Company as follows:

         (a) Buyer has received,  read and understands the provisions of each of
         the following:  (i) the Company's  Annual Report on Form 10-KSB for the
         fiscal year ended June 30, 2002; (ii) the Company's Quarterly Report on
         Form  10-QSB  for the  quarter  ended  September  30,  2002;  (iii) the
         Company's  Quarterly  Report  on  Form  10-QSB  for the  quarter  ended
         December 31, 2002; (iv) the Company's  Quarterly  Report on Form 10-QSB
         for the quarter  ended March 31, 2003;  (v)the  Company's  Registration
         Statement on Form SB-2 (File No.  333-101032) filed on November 6, 2002
         with the SEC (as well as the first amendment thereto filed with the SEC
         on April 17, 2003 and the second  amendment  thereto filed with the SEC
         on August 5, 2003); (vi) the Company's  Registration  Statement on Form
         SB-2 (File No.  333-107800) filed on August 8, 2003 with the SEC; (vii)
         the  definitive  proxy  statement of the Company  filed with the SEC on
         June 11, 2003;  and (viii) the Risk  Factors  section  incorporated  by
         reference herein in Section 4(f) hereof.  Buyer understands that all of
         the foregoing  together with this Agreement shall be referred to herein
         as "Offering Materials".

         (b) Buyer has relied only upon the information  presented and contained
         in the Offering Materials.  Buyer has had the opportunity to ask of the
         person or persons  acting on behalf of the Company any and all relevant
         questions in connection with any aspect of the Company  including,  but
         not limited to, the  Securities  offered by the Offering  Materials and
         has received answers which it considers to be reasonably  responsive to
         such questions. Buyer has had the opportunity to verify the accuracy of
         the information contained in the Offering Materials.

                                       68
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         (c) Buyer understands that it is subscribing for the Securities without
         being  furnished any  literature  or prospectus in connection  with the
         offering of the Securities other than the Offering Materials,  and that
         the offering of the Securities presented in the Offering Materials will
         not have been  scrutinized by the securities  administrator  or similar
         bureau, agency, or department of the state of its residence.

         (d) Buyer  understands (i) that the Securities have not been registered
         under the 33 Act or registered or qualified  under the securities  laws
         of the state of  domicile  of  Buyer;  (ii)  that  except as  otherwise
         provided  herein,  Buyer has no right to require such  registration  or
         qualification;  and (iii) that  therefore  Buyer must bear the economic
         risk of the  investment  for an  indefinite  period of time because the
         Securities  may not be sold unless so registered or qualified or unless
         an exemption from such registration and qualification is available.

         Although the Company has agreed to use its best efforts to register for
         resale the Securities with the SEC, and to use its best efforts to keep
         such  registration  statement  current and  effective,  there can be no
         assurance that such efforts will be successful.  In any such event, the
         Securities  would not be  registered  for resale  under the 33 Act, and
         could  only be sold by the  holder in  reliance  upon  exemptions  from
         registration under the 33 Act.

         (e)  Subject to being  resold  pursuant  to an  effective  registration
         statement,  the Securities are being  purchased for Buyer's own account
         for  investment  purposes  only and not for the  interest  of any other
         person and are not being  purchased  with a view to or for the  resale,
         distribution,  subdivision or fractionalization  thereof.  Although the
         Common Stock of USA is currently traded on the OTC Bulletin Board under
         the  symbol  USTT,  Buyer  also  understands  that there may not be any
         established public trading market for the sale of the Securities.

         (f) Buyer  recognizes  that the purchase of the  Securities  involves a
         high degree of risk  including  those special risks set forth under the
         caption "Risk  Factors" and "Forward  Looking  Statements"  in the Form
         SB-2 Registration  Statement of the Company (File No. 333-107800) filed
         with the SEC on August 8, 2003, all of which are incorporated herein by
         reference.

         (g)  Subject  to  the  registration   rights  set  forth  above,  Buyer
         understands   that  its  right  to  transfer  the  Securities  will  be
         restricted as set forth on the stock  certificates.  Such  restrictions
         include  provisions  against  transfer  unless such  transfer is not in
         violation of the 33 Act, or applicable state securities laws (including
         investor  suitability  standards).  Buyer is familiar with Regulation M
         promulgated  under the 33 Act and agrees to comply with its obligations
         thereunder.

         (h) All  information  which  the  Buyer  has  provided  to the  Company
         including,  but not  limited  to, its tax  identification  number,  its
         financial  position,  and  status as an  accredited  investor,  and its
         knowledge  of  financial  and  business  matters is true,  correct  and
         complete  as  of  the  date  of  execution  of  this  Agreement.  Buyer
         understands   that  USA  will  rely  in  a  material  degree  upon  the
         representations contained herein.

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         (i) Buyer  maintains a principal place of business at the address shown
         on the attached  schedule A of this  Agreement,  at which address Buyer
         has subscribed for the Securities.

         (j) Buyer  understands  that  legends may be placed on any  certificate
         representing the Securities substantially to the following effect:

THE SHARES  REPRESENTED BY THIS  CERTIFICATE  HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED,  OR APPLICABLE STATE SECURITIES STATUTES AND
REGULATIONS.  SUCH SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD,
TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
STATEMENT  FOR SUCH SHARES  UNDER THE  SECURITIES  ACT OF 1933,  AS AMENDED,  OR
APPLICABLE STATE SECURITIES  STATUTES AND  REGULATIONS,  UNLESS,  IN THE OPINION
(WHICH  SHALL BE IN FORM  AND  SUBSTANCE  SATISFACTORY  TO THE  CORPORATION)  OF
COUNSEL SATISFACTORY TO THE CORPORATION, SUCH REGISTRATION IS NOT REQUIRED.

         (k) The execution and delivery of this Agreement,  and the consummation
         of the  transactions  contemplated  hereby has been duly  authorized by
         Buyer.

         5. Survival of Representations,  Warranties,  Covenants, Agreements and
Remedies. Except as specifically provided otherwise herein, all representations,
warranties,  covenants,  agreements  and remedies of the parties  hereto,  shall
survive the date hereof.

         6.   Entire   Agreement.   This   Agreement   constitutes   the  entire
understanding  and  agreement  between  the parties  hereto with  respect to the
transactions  contemplated  herein,  supersedes  all prior  and  contemporaneous
agreements,  understandings,  negotiations  and  discussions,  whether  oral  or
written, of the parties,  and there have been no warranties,  representations or
promises,  written or oral,  made by any of the parties  hereto except as herein
expressly set forth herein.

         7. Binding Agreement. This Agreement shall be binding upon and inure to
the benefit of the parties hereto, as well as their respective  heirs,  personal
representatives,  successors and assigns but no party may assign its obligations
hereunder.

         8.  Pennsylvania  Law Controls.  This  Agreement  shall be construed in
accordance  with  and  shall be  governed  by the  laws of the  Commonwealth  of
Pennsylvania without regard to its conflicts of law rules.

                                       70
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Agreement the date first above written.

                                    BUYER: /s/ illegible

                                    PROPHECY ASSET MANAGEMENT, INC.

Witness:________________            By: President
                                    Title:

                                    Address:
                                    725 Fifth Avenue, 17th Floor
                                    New York, NY 10022

                                    Tax Identification Number:
                                    --------------------------
                                    USA TECHNOLOGIES, INC.

                                    By: /s/ George R. Jensen, Jr.,
                                        -----------------------------------
                                        Chief Executive Officer

                                       71

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