Cantaloupe Inc. and Castles Technology Co. Ltd., a manufacturer of credit card payment terminals, have entered into a commercial arrangement to introduce a next-generation cashless solution, according to an announcement.
The agreement envisions the two companies leveraging their respective market positions to drive sales, delivery and increased adoption. The innovative solution sees 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, Cantaloupe explained.
Castles’ state-of-the-art unattended payment terminals incorporate PCI security and EMV contact and contactless. Its devices can be fitted in a wide range of hardware configurations, from vending and amusement machines to kiosks and EV charging stations.
"Our relationship with Cantaloupe is key for meeting the growing demand for Castles’ unattended family of products," said Winston Fong, chief executive of Castles Technology North America. "This agreement represents a significant milestone of our presence in vending and the unattended marketplace in North America.”
Cantaloupe, formerly USA Technologies, provides software and payments systems for the unattended retail market.
“We believe the benefits of Cantaloupe’s platform are vastly increased with Castles’ products," said Cantaloupe chief executive Sean Feeney.
"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,” he added.