An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Cantaloupe, Inc. Unveils New International Partners Program
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Cantaloupe Inc. has announced the launch of its Cantaloupe International Partners (CIP) program, aimed at enhancing the presence of high-performing retailers outside the U.S. in the unattended retail market. The initiative responds to increased global demand for unattended solutions spurred by the pandemic, offering retailers access to Cantaloupe’s 25 years of expertise, SaaS solutions, and localized support. This program is set to streamline operations and drive revenue by meeting local regulatory standards and leveraging local payment processors.
Positive
Launch of the Cantaloupe International Partners program to enhance global retailer presence.
Access to 25 years of industry expertise and leading software solutions for retailers.
Supports retailers in meeting local regulatory standards and payment processing.
Negative
None.
Cantaloupe International Partners (CIP) Equips High-Performing Retailers Outside the U.S. with Expertise and Resources to Expand and Deepen Local Unattended Offerings
MALVERN, Pa.--(BUSINESS WIRE)--
As the pandemic drives increased demand for unattended retail solutions across the globe, today, Cantaloupe Inc., (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, announces its new Cantaloupe International Partners program (“CIP” or “the program”).
Through CIP, Cantaloupe aims to drive market penetration for high-performing retailers outside of the U.S. through bespoke, localized programs that combine best-in-breed unattended retail software solutions and payment acceptance. This in turn enables retailers to streamline operations, drive greater revenue, and delight consumers through new autonomous experiences.
“As demand for unattended, autonomous retail experiences grows across the globe CIP enables us to tap into our expertise and support retailers as they deliver the ‘buy it and go’ autonomous shopping experiences consumers now expect,” said Sean Feeney, CEO of Cantaloupe, Inc.
Participants in CIP will benefit from:
Cantaloupe’s 25 years of expertise and industry-leading product innovation in the unattended retail market.
Access to Cantaloupe’s SaaS and device offerings that operate with the country’s local payment processors.
Tools, support, and training provided by Cantaloupe.
“The pandemic fueled unattended retail industry and we are seeing significant growth into new segments including micro markets, electric car charging stations, kiosks and more across the U.S., with markets like LATAM just starting,” said Fernando Lopez Lacroix, Vice President of Business Development, Cantaloupe, Inc. “The U.S. is not the only market where consumers expect frictionless, unattended retail experiences. As the world works to meet these demands, CIP is going to enable high-performing retailers to tap into our decades of expertise, and quickly build solutions that meet the local needs, whether that is addressing local regulatory standards, developing partnerships, payment processing or developing optimized programs based on insights gathered through our software. We are absolutely thrilled to launch CIP.”
Cantaloupe, Inc. is a software and payments company that provides end-to-end technology solutions for the unattended retail market. Cantaloupe is transforming the unattended retail community by offering one integrated solution for payments processing, logistics, and back-office management. The company’s enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and customer loyalty programs, while providing retailers with control and visibility over their operations and inventory. As a result, customers ranging from vending machine companies to operators of micro-markets, gas and car charging stations, laundromats, metered parking terminals, kiosks, amusements and more can run their businesses more proactively, predictably and competitively.
What is the Cantaloupe International Partners program?
The Cantaloupe International Partners program is designed to assist high-performing retailers outside the U.S. in expanding their unattended retail operations through localized solutions and support.
How will the CIP program impact Cantaloupe Inc.'s business?
The CIP program is expected to drive market penetration and revenue growth for Cantaloupe Inc. by facilitating autonomous shopping experiences in various international markets.
What expertise does Cantaloupe offer through its CIP program?
Cantaloupe provides 25 years of industry expertise, leading software solutions, and support tailored to local market needs through its CIP program.
When was the CIP program launched?
The Cantaloupe International Partners program was announced on the same day as the press release, indicating a timely response to growing global demand for unattended retail solutions.
What markets does the CIP program target?
The CIP program targets high-performing retailers in international markets, particularly in regions like LATAM that are beginning to adopt unattended retail solutions.
