107.9FM NYJ/LA

Translate This Page

Cantaloupe Forms Strategic Partnership with Castles Technology

Posted by BusinessWire on Thursday, May 27, 2021 Under: Technical Analysis

, 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, and Castles Technology, an industry leading manufacturer of credit card payment terminals, today announced a commercial arrangement to introduce a next-generation cashless solution. In addition, the agreement contemplates the two companies will leverage their respective market positions to drive sales, delivery, and increased adoption. The innovative solution envisions a novel value proposition for the market, with the goal of offering consumers an experience in unattended retail that's richer and much more compelling.

"Our relationship with Cantaloupe is key for meeting the growing demand for Castles' unattended family of products," said Winston Fong, chief executive officer, Castles Technology North America. "This agreement represents a significant milestone of our presence in vending and the unattended marketplace in North America, and we are excited to join together with Cantaloupe to deliver leading edge products and solutions to satisfy the needs for all types of customers. Our combined solution will allow customers to better connect with consumers by leveraging digital displays thereby creating a much better buying experience."

Castles' unattended payment terminals incorporate state of the art engineering, product design, PCI security and EMV Contact and Contactless, exceeding the highest standards required by the unattended payments industry. The devices can be fitted in wide range of hardware configurations, including vending, kiosks, amusement, and EV charging stations.

"We believe the benefits of Cantaloupe's platform are vastly increased with Castles' products," said Sean Feeney, chief executive officer, Cantaloupe, Inc. "This strategic alliance offers customers, new and existing, the most innovative approach to vending retail, enabling greater operational agility and significant reductions to operating costs. Our relationship with Castles is another demonstration of our best-in-class strategy in action -- offering our enterprise and SMB customers industry-leading solutions to enhance capabilities and achieve a better return on investment."

In : Technical Analysis 

Tags: cantaloupe forms strategic partnership "castles technology" stocks crypto bitcoin banking finace 

    HOT 103.1 FM HOUSTON


    Here’s $30 of BTC, on us.
    Get free $30 of BTC 
     by funding your Invstr+
    with $100 or more.
    Fund account & claim $30 of BTC
    Need help? Contact us at

    Invest, spend, and earn 2.05% APY*–all through your brokerage account.
    Our goal at Robinhood is to democratize finance. This means delivering products that help you do more with your money and improve your life. Today, we're excited to introduce Cash Management, a new feature to give you more flexibility with your brokerage account.
    Flexible Spending
    Use your Robinhood debit card anywhere Mastercard® is accepted around the world.
    Earn 2.05% APY
    Your uninvested cash is moved to banks in our program that pay you 2.05% APY*. Like all variable rates, this could go up or down over time.
    FDIC Insurance
    Your cash in the program banks is eligible for up to $1.25 million of FDIC insurance, or up to $250,000 per bank, subject to FDIC rules.
    75,000+ ATMs
    Don't pay fees at any of the 75,000+ ATMs in our network.

    See the source image

    For the next two weeks, you can earn increasing levels of Stock-Back™ rewards when you shift your everyday spending to your Stash debit card.* 

    Every qualifying swipe over $5 gets you closer to leveling up your Stock-Back rewards. Levels start tomorrow and reset to zero on Monday, November 18.

    Follow Us


    Flag Counter

    Flag Counter

    Make a free website with Yola