peekpublishersCantaloupe, a leading provider of end-to-end technology solutions for self-service commerce, is expanding into the sports, entertainment, and restaurant sectors through its acquisition of CHEQ Lifestyle Technology (CHEQ). CHEQ powers payments for professional sports teams, venues, and festivals, and its solutions enable streamlined venue operations, increased efficiency, and boosted revenue. Cantaloupe’s acquisition of CHEQ allows it to enter a new and rapidly-growing sector and expands its addressable market.
Cantaloupe offers vertically integrated solutions for businesses of all sizes to provide self-service experiences for consumers. Its platform includes micro-payments processing, enterprise cloud software, IoT technology, and kiosk and POS innovations. The company’s solutions increase consumer engagement and sales revenue through digital payments, consumer promotions, and loyalty programs, while driving operational efficiencies for business owners.
The acquisition of CHEQ enables Cantaloupe to provide a comprehensive suite of self-service solutions, including an enterprise-grade POS platform with real-time reporting and analytics, an omnichannel solution for mobile payments and POS kiosks, social connection features for real-time gifting and fan engagement, and team and venue customizations with integrations to leading loyalty and team mobile applications.
Thomas Lapham, CEO of CHEQ, expresses excitement about joining Cantaloupe and the opportunity to bring Cantaloupe’s innovation to their current customer base. He highlights the potential for expanding their technology offering through Cantaloupe’s national and international distribution network.
