Cantaloupe, Inc. Highlights Feel Good Market’s Continued Expansion in Latin America
15 11월 2023 - 12:07AM
Business Wire
Feel Good Market is the First to Bring the
Micro Market Concept to Panama with Cantaloupe’s Self-Service
Technology
Cantaloupe, Inc. (NASDAQ: CTLP), a digital payments and software
services company that provides end-to-end technology solutions for
self-service commerce, is expanding its presence in Latin America
with its self-service technology and management software for micro
markets. One of Cantaloupe’s clients in the region is Feel Good
Market, headquartered in Panama City, Panama, who was the first
to bring Cantaloupe’s micro market technology to the country. The
resounding acceptance of the micro market concept by local
consumers and the growth of Feel Good Market is an exciting
transformation for the self-service retail landscape in Latin
America.
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Cantaloupe, Inc. (NASDAQ: CTLP), has been
experiencing exciting success in Latin America with its customer
Feel Good Market and their expansion of micro markets in the Panama
region. (Photo: Business Wire)
“Our collaboration with Feel Good Market underscores
Cantaloupe’s advantage to serving locations and customers with
options that go beyond traditional vending,” said Rogelio
Morando, vice president and general manager of Cantaloupe Latin
America. “It’s exciting to see Latin America customers embrace the
micro market concept as well—not only have they accepted it, but
they are excited to see more self-service options come to their
communities.”
Feel Good Market began its relationship with Cantaloupe in 2021
as a customer of Three Square Market (32M), a wholly-owned
subsidiary of Cantaloupe. Recognizing the limitations of
traditional vending machines in Panama—which predominantly accept
only coins and bills, and offered limited products—Feel Good Market
seized the opportunity to offer a more convenient and modern
solution. By introducing credit/debit card payment acceptance and
offering an expanded assortment of food and beverage
options—including fresh and frozen foods—Feel Good Market has
transformed the way facilities and employees access meals and
snacks during the workday. Today, the company operates 28 micro
markets, with plans to expand to 30 markets by the end of
December.
“When we started this business, there were challenges with
workplace snacking experiences in Panama,” shared Aldo
Tejada, founder of Feel Good Market. “Our clients were bored
with the traditional cafeteria and vending experiences and were
hungry for another option. That’s when we discovered micro markets.
This allowed us to provide a modern solution that offered not only
convenient and user-friendly technology, but enabled us to
individually customize each market to meet the unique needs of each
client. ‘Feel Good Market’ isn’t just our company name, it’s our
brand promise – it’s our commitment to everyone, from executives to
employees, because when we deliver on integrity, trust, and
quality, everyone feels good. Implementing the micro market concept
by Cantaloupe has been pivotal to our business. Their support, from
development work to payment solutions specific to our marketplace
has been unparalleled.”
What sets this partnership apart is the unique approach to
addressing market needs. Feel Good Market, with Cantaloupe's
support, has built a brand that embodies convenience, quality, and
a seamless customer experience. With their purely cashless
solution, Feel Good Market serves approximately 7K customers daily
and generates 2 to 3 times what a traditional vending setup would
at any of its locations, showcasing the potential of micro markets
in the region.
“We started in the middle of the pandemic,” noted Tejada.
“Customers wanted safe ways to get their food and beverage options
with limited touch points or contact. The ability to pay with a
credit card, the fingerprint reader and user-friendly kiosks were a
big benefit for customers. We also appreciate the ability to offer
a product assortment beyond what is typically found in a vending
machine or cafeteria. Our customers love the ability to just shop,
scan and pay. We know that micro markets are the wave of the
future, and we are excited to be leading that charge with
Cantaloupe in Panama.”
“This partnership is just the beginning,” said Jeff Dumbrell,
chief revenue officer with Cantaloupe. “As we continue to expand in
Latin America, we are excited to have more success stories like
Feel Good Market.”
Cantaloupe will be showcasing its self-service products and
services in Latin America at a Cantaloupe LIVE event in
Mexico on December 5, 2023. Retail operators, vending
providers and anyone who wants to learn more about micro markets
and experience Cantaloupe’s innovative self-service solutions are
encouraged to attend and can reserve a spot by registering at
https://go.cantaloupe.com/Cantaloupe-Live-Mexico-23.html.
To learn more about Cantaloupe in Latin America, visit
cantaloupe.com.
About Cantaloupe, Inc.
Cantaloupe, Inc. is a global technology leader powering
self-service commerce. With over a million active locations across
the globe processing more than a billion transactions every year,
Cantaloupe is enabling businesses of all sizes to provide
self-service experiences for consumers. The company's vertically
integrated solutions fuel growth by offering micro-payments
processing, enterprise cloud software, IoT technology, as well as
kiosk and POS innovations. Cantaloupe’s end-to-end platform
increases consumer engagement and sales revenue through digital
payments, consumer promotions and loyalty programs, while providing
business owners increased profitability by leveraging software to
drive efficiencies across an entire operation. Cantaloupe’s
solutions are used by a wide variety of consumer services in the
U.S., Europe, and Australia including vending machines, micro
markets and smart retail, EV charging stations, laundromats,
metered parking terminals, amusement and entertainment venues, IoT
services and more. To learn more about Cantaloupe, Inc., visit
cantaloupe.com or follow the company on LinkedIn, Twitter,
Facebook, Instagram or YouTube.
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Jenifer Howard | 202-273-4246 jhoward@jhowardpr.com
media@cantaloupe.com
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