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Bakkt to team with Cantaloupe

Bakkt to team with Cantaloupe

Bakkt and Cantaloupe announced their partnership to accept cryptocurrency. They plan to bring a new cashless experience for consumers to spend their digital assets on unattended retail devices.

In addition to the cash debit and credit card or mobile wallet, the consumers will soon choose and flexibility to pay for the products using cryptocurrency and supported loyalty points across Cantaloupes’ nationwide network.

Moreover, with this Global vending machine of the market size expected to garner $25 billion by 2027, the ubiquity of cryptocurrency becomes the fundamental aspect in unlocking new customer experiences.

Moreover, with this partnership, Cantaloupe will offer consumers the ability to pay using their digital assets within the Bakkt app.

Untapped Digital Assets

Gavin Michael is the CEO of Ballet. He said that we often overlook the untapped digital assets. Moreover, these are waiting for the consumers to uncover, redeem and spend.

Cantaloupe has a track record for having forward-thinking and pioneering the latest payment options that empower consumers to purchase with the method they prefer.

Sean Ferny is the CEO of Cantaloupe. He said that they are viewing the partnership as a natural extension of the next generation payments. In addition,he said that the platform further solidifies their place as an unattended Retail Industry innovator.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.