Cantaloupe provides payment processing and cloud-based management software for self-service commerce — primarily vending machines, micro-markets, and automated retail. Cantaloupe's core offering combines cashless payment devices (card readers and POS terminals that attach to vending machines and kiosks) with its Seed software platform, a cloud-based tool that operators use to manage inventory, optimize routes, track machine performance, and handle back-office functions. Cantaloupe serves roughly 35,000 active customers across about 1.28 million active devices, ranging from large enterprise vending operators to SMBs. Revenue breaks into three streams: transaction fees (~60% of revenue), subscription fees (~28%), and equipment sales (~14%). Transaction fees are earned as a percentage of payment volume processed through Cantaloupe's devices, while subscription fees are monthly recurring charges for connectivity and Seed software access, with gross margins around 90%. The key financial metric is ARPU, which has been growing ~11% annually, driven by software attach rates and a mix shift toward micro-markets and smart stores — higher-ticket formats where consumers spend significantly more per visit than at traditional vending machines. Cantaloupe has expanded into adjacent markets through acquisitions: Cheq, a mobile POS platform for stadiums and entertainment venues, and SB Software, a UK/Ireland vending management software provider. Cantaloupe's growth strategy centers on deepening Seed software penetration among existing customers, expanding smart store deployments into new location types, and growing internationally.