Cantaloupe, Inc. Launches AdVantage Program

Cantaloupe, Inc. (Nasdaq: CTLP), is launching the Cantaloupe’s AdVantage program, a digital advertising program on Cantaloupe's POS devices. The program's first collaborative campaign is with Mastercard (NYSE: MA), aimed at supporting the Priceless Planet Coalition, launched by Mastercard, Conservation International and World Resources Institute to unite businesses and consumers to fund the restoration of 100 million trees around the world. (Photo: Business Wire)
Cantaloupe, Inc. (Nasdaq: CTLP), is launching the Cantaloupe’s AdVantage program, a digital advertising program on Cantaloupe's POS devices. The program's first collaborative campaign is with Mastercard (NYSE: MA), aimed at supporting the Priceless Planet Coalition, launched by Mastercard, Conservation International and World Resources Institute to unite businesses and consumers to fund the restoration of 100 million trees around the world. (Photo: Business Wire)

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Debuts Program with Mastercard Priceless Planet Coalition Campaign, Includes Sweepstakes to Drive Donations for Reforestation Efforts

MALVERN, Pa., October 09, 2024--(BUSINESS WIRE)--Cantaloupe, Inc. (Nasdaq: CTLP), a global leading provider of end-to-end technology solutions for self-service commerce, is excited to mark the launch of Cantaloupe’s AdVantage program, which allows brands to engage with consumers through digital advertising on Cantaloupe’s point-of-sale (POS) touchscreen devices across the U.S. and Canada. The program’s first collaborative campaign is with Mastercard (NYSE: MA), aimed at supporting the Priceless Planet Coalition, launched by Mastercard, Conservation International and World Resources Institute to unite businesses and consumers to fund the restoration of 100 million trees around the world.

The digital campaign will run for three months, encouraging consumers to donate to Conservation International, a 501(c)(3) charity, aimed at restoring 100 million trees across restoration sites that have significant potential for positive impact on climate, community and biodiversity. Consumers’ donations will be matched by Cantaloupe for a total of up to $500,000, amplifying the impact of the Priceless Planet Coalition’s reforestation initiatives. When consumers visit https://donate.mastercard.com/v3/#/site/cantaloupe and donate $4 or more during the promotion period, they will automatically be entered for a chance to win a two-night trip where six (6) Grand Prize winners will each have the option to attend an event at a Cantaloupe-powered venue, along with ninety (90) First Prize winners who will each receive a $100 digital Mastercard Prepaid Card.*

"We’re excited to partner with Mastercard to help drive support for global reforestation through the Priceless Planet Coalition," said Elyssa Steiner, chief marketing officer of Cantaloupe, Inc. "Launching our AdVantage Program with Mastercard aligns perfectly with our commitment to sustainability and innovation, creating new opportunities for brands and operators to engage consumers in meaningful ways while increasing revenue."

"The launch of the AdVantage program is a key milestone in how we’re leveraging Cantaloupe’s advanced technology to deliver more than just transactions," said Gaurav Singal, chief technology officer with Cantaloupe. "Our platform not only enables seamless digital payments but also creates opportunities for brands to extend their reach and engage consumers at the point-of-sale through targeted advertising. By harnessing the power of data-driven insights and the scale of our POS touchscreen devices, we’re empowering businesses to unlock new revenue streams while providing meaningful, engaging experiences to consumers."