Cantaloupe, Inc.'s 2024 Micropayment Trends Report Reveals Surge in Cashless and Touchless Payments, and Micro Market Growth [Yahoo! Finance]
Cantaloupe, Inc. (CTLP)
Company Research
Source: Yahoo! Finance
MALVERN, Pa., April 24, 2024 BUSINESS WIRE Cantaloupe, Inc. (Nasdaq: CTLP) , a leading provider of end-to-end technology solutions for self-service commerce, has released its highly anticipated Cantaloupe 2024 Micropayment Trends Report The report analyzes payment transaction data from a sample of more than 600,000 (out of 1.2 million) Cantaloupe card readers on food & beverage vending and amusement/gaming machines, as well as more than 13,000 micro market kiosks. The findings showcase a significant rise in cashless and touchless payments, along with the growth of micro markets in the convenience industry. The study also reveals that consumers are increasingly opting for convenience when it comes to their food and drink purchases. Spending at vending machines continues to grow with more than $3 billion spent in 2023, marking a 23% increase from the previous year. Micro markets, a growing segment in the convenience industry, generated more than $750 million in sales. The report also
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News
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- Cantaloupe, Inc., to Showcase CHEQ and New Innovative Micro Market and Smart Cooler Technology at the NAMA 2024 ShowBusiness Wire
- Cantaloupe, Inc.’s 2024 Micropayment Trends Report Reveals Surge in Cashless and Touchless Payments, and Micro Market GrowthBusiness Wire
CTLP
Earnings
- 2/8/24 - Beat
CTLP
Sec Filings
- 2/21/24 - Form 4
- 2/21/24 - Form SC
- 2/21/24 - Form 144
- CTLP's page on the SEC website