Payments

Cantaloupe acquires Yoke Payments

Yoke's point-of-sale platform will integrate with Cantaloupe's inventory management and payment processing platforms.

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August 17, 2021

Cantaloupe Systems Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has acquired Yoke Payments, a micro market payments company, for an undisclosed sum, according to a press release.

Cantaloupe acquired the assets of Delicious Nutritious LLC, dba Yoke Payments.

Through the acquisition, Yoke's point-of-sale platform will now extend this offering to provide self-checkout while seamlessly integrating with Cantaloupe's inventory management and payment processing platforms.

"While through Seed Markets we already provide logistics and payments services for thousands of micro markets, we knew that extending our fully integrated solution to point-of-sale was important to our customers," Sean Feeney, chief executive officer, Cantaloupe, said in the press release. "Having worked with Yoke for the last four years, this acquisition was a natural progression of our relationship, as the technology is best-in-class and already integrated with Seed Markets. Now we will be able to expand our micro market offerings to any location as we continue to invest in the space, unlocking new revenue and optimization opportunities and enabling them to further scale their business into this important and growing retail segment."