Cantaloupe, Inc.’s CHEQ Point-of-Sale Solution is Selected as Exclusive Platform for Professional Soccer Club Detroit City FC

Rhea-AI Summary

Cantaloupe's CHEQ point-of-sale (POS) solution has been selected as the exclusive platform for Detroit City FC at Keyworth Stadium. This partnership makes Detroit City FC the first USL team to use CHEQ's technology, which includes mobile ordering, express kiosks, and social gifting.

CHEQ will provide a seamless purchasing experience for fans, improving efficiency and engagement. The platform aims to enhance food and beverage sales, reduce wait times, and offer real-time social gifting of food and drinks. This multi-year deal starts in June 2024.

CHEQ has previously partnered with prominent sports teams and venues, including the Washington Commanders, Florida Panthers, and Inter Miami CF. Detroit City FC aims to offer a best-in-class fan experience with this innovative solution.

Positive

• Exclusive multi-year partnership with Detroit City FC.
• CHEQ POS technology enhances fan experience through mobile ordering and express kiosks.
• Introduction of unique social gifting marketplace functionality.
• Reduction in wait times for food and beverages.
• Potential increase in food and beverage sales.
• Efficient use of staffing resources at the stadium.
• CHEQ technology already trusted by major sports teams like Washington Commanders and Inter Miami CF.

Negative

• Implementation starts only in June 2024, delaying potential immediate benefits.
• Dependence on the success of the partnership for increased sales and engagement.
• Potential risks if the technology fails to meet fan expectations.

Detroit City FC and Keyworth Stadium are the First United States Soccer (USL) Team to Leverage CHEQ’s Exciting POS, Mobile and Handheld Capabilities

DETROIT--(BUSINESS WIRE)-- Cantaloupe, Inc. (Nasdaq: CTLP), a leading provider of end-to-end technology solutions for self-service commerce, and its Cheq Lifestyle Technology, Inc. brand CHEQ, is excited to announce the signing of a new deal with Detroit City FC at Keyworth Stadium to be the exclusive point-of-sale (POS) platform for all soccer games and live events at the stadium. The Detroit City FC are the first professional United States Soccer (USL) team to leverage the CHEQ POS platform.

Cantaloupe, Inc., a leading provider of end-to-end technology solutions for self-service commerce, and its Cheq Lifestyle Technology, Inc. brand CHEQ, is excited to announce the signing of a new deal with Detroit City FC at Keyworth Stadium to be the exclusive point-of-sale (POS) platform for all soccer games and live events at the stadium. The Detroit City FC are the first professional United States Soccer (USL) team to leverage the CHEQ POS platform. (Photo: Business Wire)

The CHEQ solution is a mobile-first payments platform for stadiums, entertainment venues, festivals and more. CHEQ’s full end-to-end payment platform features mobile ordering (right from seats), mobile pick-up points (“CHEQ Points”) and innovative express kiosks (“CHEQ Zones”) to increase ordering efficiencies and decrease line wait times. The CHEQ solution will also introduce to Detroit City FC fans its unique social gifting marketplace functionality, allowing guests, friends and family to send food and beverages to those attending the game in real time, from anywhere in the world.

“We are so excited to partner with Detroit City FC at Keyworth Stadium to introduce fans to the latest CHEQ technology,” said Jake Stone, chief revenue officer of CHEQ by Cantaloupe. “CHEQ delivers a stadium experience that focuses on fan enjoyment by making the purchase of food, beverages, and merchandise as easy as possible. CHEQ solutions also enable concession providers and merchants to be even more efficient with staffing resources at each game.”

CHEQ’s payment solutions will be available at Keyworth Stadium in the Hamtramck area of Detroit, Michigan, beginning in June 2024 as part of a multi-year exclusive deal.

“Creating a best-in-class experience for our fans on game day is incredibly important for our organization,” said Todd Kropp, co-owner and chief operating officer at the Detroit City FC. “Our partnership with Cantaloupe to leverage the CHEQ platform will allow us to provide a new level of innovation and engagement to our fanbase during the upcoming season.”

“Given our experience working with other stadiums across the U.S., Detroit City FC saw the huge value in bringing on a point-of-sale solution that works seamlessly across self-service kiosks, handhelds, traditional POS and fans’ own mobile phones. The CHEQ platform gives them a complete solution in one package,” said Jake Stone.

Founded in 2021, CHEQ solutions power payments for numerous professional sports teams, entertainment venues and festival operators including the Washington Commanders (NFL), Florida Panthers (NHL), Inter Miami CF (MLS), Miami Marlins (MLB), CFG Bank Arena in Baltimore (Oak View Group) and Loud & Live (Festivals). The CHEQ technology increases food and beverage sales, speeds up transaction times and drives new customer traffic and engagement.

Sports Revenue Advisors (SRA), the go-to-solution for commercial strategy development and the sale of marquee partnership assets, is currently retained by Detroit City FC (DCFC) to secure the team’s landmark commercial partnerships. SRA leads, Clark Beacom and Chris Quinn, sourced and negotiated the CHEQ partnership alongside DCFC management.

About Cantaloupe Inc.

Cantaloupe, Inc. is a global technology leader powering self-service commerce. With over a million active locations, processing more than a billion transactions every year, Cantaloupe is enabling businesses of all sizes to provide self-service experiences for consumers. The company's vertically integrated solutions fuel growth by offering micro-payments processing, enterprise cloud software, IoT technology, as well as kiosk and POS innovations. Cantaloupe’s end-to-end platform increases consumer engagement and sales revenue through digital payments, consumer promotions and loyalty programs, while providing business owners increased profitability by leveraging software to drive efficiencies across an entire operation. Cantaloupe’s solutions are used by a variety of consumer services in the U.S., Europe, and Australia including vending machines, micro markets and smart retail, EV charging stations, laundromats, metered parking terminals, amusement and entertainment venues, IoT services and more. To learn more about Cantaloupe, Inc., visit cantaloupe.com or follow the company on LinkedIn, X, Facebook, Instagram or YouTube.

Cashtag $CTLP

G-CTLP

View source version on businesswire.com: https://www.businesswire.com/news/home/20240604759859/en/

Jenifer Howard | 202-273-4246

jhoward@jhowardpr.com

media@cantaloupe.com

Source: Cantaloupe, Inc.

FAQ

What is the new partnership between Cantaloupe and Detroit City FC?

Cantaloupe's CHEQ POS solution will be the exclusive platform for all soccer games and live events at Keyworth Stadium, starting June 2024.

What features does CHEQ offer for Detroit City FC fans?

CHEQ offers mobile ordering, express kiosks, and a social gifting marketplace for food and beverages.

When will the CHEQ POS solution be available at Keyworth Stadium?

The CHEQ POS solution will be available starting June 2024.

Which other sports teams use CHEQ technology?

CHEQ technology is used by teams such as the Washington Commanders, Florida Panthers, and Inter Miami CF.

How does CHEQ POS technology improve the fan experience?

CHEQ technology aims to reduce wait times, increase sales, and offer innovative features like social gifting.