# Cantaloupe

> Cantaloupe supplies payment readers, self-service retail hardware and cloud software that help operators accept payments, track inventory and plan replenishment. Its customers range from independent vending businesses to enterprise convenience-service operators and hospitality venues. Acquired by 365 Retail Markets in May 2026, it combines payment processing with the operational machinery behind unattended commerce.

- **Founded:** 1992
- **Headquarters:** Malvern, United States
- **Founders:** George R. Jensen Jr. (Founder and original CEO of USA Technologies, the company renamed Cantaloupe)
- **Products:** G11 and Engage payment readers, Seed Live, Seed Pro, Seed Markets, Cantaloupe One
- **Notable:** Processed US$3.4 billion of transaction dollar volume in FY2025., Expanded into sports and entertainment POS through the US$4.75 million cash purchase of Cheq in February 2024., Combined payment technology with cloud logistics through the approximately US$85 million Cantaloupe Systems acquisition in 2017.

## Products & services

- **G11 and Engage payment readers** — Cashless payment devices for vending and other self-service machines, with card and mobile-wallet acceptance.
- **Seed Live** — Device monitoring and sales reporting supplied with Cantaloupe card readers.
- **Seed Pro** — Enterprise vending management with replenishment, inventory and route planning.
- **Seed Markets** — Micro-market scheduling, pre-picking and reporting integrated with Seed Pro.
- **Cantaloupe One** — Hardware-and-software subscriptions with warranty coverage and a 36-month initial term.
- **Smart Stores** — Locked retail cabinets using weighted shelves and cameras to track removals and charge a presented payment card.
- **Cheq** — Venue point-of-sale and mobile ordering technology acquired in February 2024.
- **Go Micro** — Compact self-service micro-market kiosk launched in April 2025; verify post-merger portfolio and availability with the vendor.
- **Engage Pulse** — Reader for amusement and arcade machines, including multi-play ladder pricing.
- **Seed Copilot** — Natural-language AI reporting assistant inside Seed Pro; the public explainer lists 50 free questions per account per month.

## Achievements

- Processed US$3.4 billion of transaction dollar volume in FY2025.
- Expanded into sports and entertainment POS through the US$4.75 million cash purchase of Cheq in February 2024.
- Combined payment technology with cloud logistics through the approximately US$85 million Cantaloupe Systems acquisition in 2017.

## Latest updates

- **2026-05** — Acquisition by 365 Retail Markets closed May 8 and was announced May 11; Cantaloupe ceased independent public trading.
- **2026-05** — FTC announced a proposed consent order requiring divestiture of Three Square Market to Seaga.
- **2026-09** — As of September 2026, the company’s 2026 Micropayment Trends Report discussion reports that cashless accounted for 78% of vending sales in its 2025 sample.

## Links

- Website: https://www.cantaloupe.com/
- LinkedIn: https://www.linkedin.com/company/cantaloupeinc
- Twitter/X: https://twitter.com/cantaloupeinc_
- Instagram: https://www.instagram.com/cantaloupe.inc/
- Facebook: https://www.facebook.com/thecantaloupeinc

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Profile page: https://yespress.io/cantaloupe
Published by YesPress — https://yespress.io
Last updated: 2026-09-30