Next-Generation Touchscreen Devices Introduce
Advanced Consumer Engagement, Accepting All Payments, Including
Cryptocurrency
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,
today announced the development of the ePort® Connect Platform’s
premium and next generation touch screen devices, the ePort Engage
and the ePort Engage Combo. This new iteration of the ePort Series
gives retailers the ability to captivate consumers in new ways and
enables truly frictionless purchasing.
To meet its customers’ needs in an ever-changing world,
Cantaloupe is expanding its hardware product portfolio to maximize
consumer engagement and provide customers with more choices. ePort
Engage will offer best-in-class networking, security and
interactivity, including acceptance of contact EMV (chip cards) and
contactless EMV (tap) payment methods. It will also connect to the
SeedTM software platform, creating a more flexible and robust
overall solution, giving unattended retailers the ability to
streamline operations, create higher value and drive
profitability.
The past year has seen technology leveraged to help consumers be
safer while shopping and dining out, speeding up the adoption of
contactless payments. Nevertheless, those same consumers still want
a personalized experience. The newest ePort Series will
feature:
- Acceptance of all digital payments, including EMV chip, EMV
contactless, magstripe and mobile wallets
- Seamless integration with Seed software to keep your business
connected
- All-in-one card reader and telemeter design for quick and easy
installation
- Advanced anti-tamper security features
- PCI PTS 5.X compliant device for processing payments and data
at the highest level of security
- For ePort Engage: edge-to-edge 3.5” touchscreen to maximize
engaging customer interactions
- For ePort Combo: a 2.5” touchscreen with built-in flexibility
to fit over a bill acceptor
“We believe retailers across the board will benefit from this
next generation of devices,” said Ravi Venkatesan, chief technology
officer, Cantaloupe, Inc. “The ePort Engage Series is a great
option for unattended retailers, as well as more traditional
businesses wanting to shift to an autonomous retail experience.
Contactless and frictionless shopping are here to stay, and
Cantaloupe is leading the industry in its approach with the ePort
Engage. Together with our partners we intend to optimize consumer
engagement through advertising and loyalty, and by accepting most
forms of digital payments, whether it be debit, credit or bitcoin.
We are empowering our customers with the next evolution of
shopping.”
Availability:
The ePort Engage is expected to be available in September 2021,
with pre-orders beginning in July. For more information, please
call +1 800.770.8539.
Useful Links:
- Cantaloupe: https://cantaloupe.com/
- Blog: https://www.cantaloupe.com/blog/
- LinkedIn: https://www.linkedin.com/company/cantaloupeinc
- Resource Center: https://www.cantaloupe.com/resources/
- Twitter: https://twitter.com/cantaloupeinc_
- YouTube:
https://www.youtube.com/channel/UCTGQNcXUydcOHLZiuIEPuaw
Sales and Partnership Inquiries:
Please contact Cantaloupe, Inc. at +1 800.633.0340 or
sales@cantaloupe.com.
About ePort Connect®:
ePort Connect lives at the epicenter of your unattended retail
operation, acting as the one platform you need to unleash data,
achieve network-wide efficiencies, engage consumers, and elevate
your business. The ePort Connect service is a PCI-compliant suite
of cashless payment and telemetry services specially tailored to
fit the needs of self-serve retail industries. Designed to be a
"one-stop shop," services offered through ePort Connect include
wireless and merchant account setup, simplified processing rates,
settlement and reconciliation, 24 x 7 customer service and a host
of value-added services, including mobile payment, loyalty programs
and integrated payment services for micro-markets and other POS
devices.
About Seed™ Software:
Cantaloupe’s Seed platform is a suite of software tools that
enable owners of unattended retail operations to reduce costs and
streamline their business processes by automating route scheduling,
bringing intelligent algorithms to inventory management, and
boosting customer engagement with tailored loyalty programs. With
these powerful logistics and back-office management tools,
unattended retailers can fully utilize the sales and telemetry data
that they receive from their connected vending machines, micro
markets, and other automated retail locations to unlock critical
operational insights they need to efficiently run their
businesses.
About Cantaloupe, Inc.
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.
Forward-looking Statements:
All statements other than statements of historical fact included
in this release, including without limitation Cantaloupe’s future
prospects and performance, the business strategy and the plans and
objectives of Cantaloupe's management for future operations, are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. When used in this
release, words such as “may,” “could,” “expect,” “intend,” “plan,”
“seek,” “anticipate,” “believe,” “estimate,” “guidance,” “predict,”
“potential,” “continue,” “likely,” “will,” “would” and variations
of these terms and similar expressions, or the negative of these
terms or similar expressions, as they relate to Cantaloupe or its
management, may identify forward-looking statements. Such
forward-looking statements are based on the reasonable beliefs of
Cantaloupe's management, as well as assumptions made by and
information currently available to Cantaloupe's management. Actual
results could differ materially from those contemplated by the
forward-looking statements as a result of certain factors,
including but not limited to the incurrence by Cantaloupe of any
unanticipated or unusual non-operational expenses which would
require us to divert our cash resources from achieving our business
plan; the uncertainties associated with COVID-19, including its
possible effects on Cantaloupe’s operations, financial condition
and the demand for Cantaloupe’s products and services; the ability
of Cantaloupe to predict or estimate its future quarterly or annual
revenue and expenses given the developing and unpredictable market
for its products; the ability of Cantaloupe to retain key customers
from whom a significant portion of its revenues is derived; the
ability of Cantaloupe to compete with its competitors to obtain
market share; the ability of Cantaloupe to make available and
successfully upgrade current customers to new standards and
protocols; whether Cantaloupe's existing or anticipated customers
purchase, rent or utilize ePort or Seed devices or our other
products or services in the future at levels currently anticipated
by Cantaloupe; disruptions to our systems, breaches in the security
of transactions involving our products or services, or failure of
our processing systems; or other risks discussed in Cantaloupe’s
filings with the U.S. Securities and Exchange Commission, including
but not limited to its Annual Report on Form 10-K for the year
ended June 30, 2020 and its Quarterly Reports on Form 10-Q for the
quarters ended September 30, 2020 and December 31, 2020. Readers
are cautioned not to place undue reliance on these forward-looking
statements. Any forward-looking statement made by us in this
release speaks only as of the date of this release. Unless required
by law, Cantaloupe does not undertake to release publicly any
revisions to these forward-looking statements to reflect future
events or circumstances or to reflect the occurrence of
unanticipated events. If Cantaloupe updates one or more
forward-looking statements, no inference should be drawn that
Cantaloupe will make additional updates with respect to those or
other forward-looking statements.
-- G-CTLP
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version on businesswire.com: https://www.businesswire.com/news/home/20210518005349/en/
Media and Investor Relations Contacts for Cantaloupe,
Inc.: Alicia V. Nieva-Woodgate Cantaloupe, Inc. +1 720.445.4220
media@cantaloupe.com
Emily Porro Makovsky eporro@makovsky.com
Investor Relations: ICR, Inc. CantaloupeIR@icrinc.com
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