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Cantalope Inc(CTLP-Q)
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Cantaloupe Flat on Introducing New App

Baystreet - Tue Apr 11, 2023
Cantaloupe, Inc. (NASDAQ: CTLP) noticed its shares clearing breakeven Tuesday, as the digital payments and software services company, providing end-to-end technology solutions for self-service commerce, announced the release of the Seed Driver mobile app. Available for food service operators looking to streamline location visits, the Seed Driver app provides route drivers with a range of features to make servicing vending, micro market and office coffee service (OCS) accounts more efficient and effective.

“The development of the Seed Driver app is part of our dedication to continuously improving the user experience of our software,” said CTO Gaurav Singal. “As the next iteration of our popular Seed mobile app, the Seed Driver app introduces new features that revolutionize the way route drivers service and restock at each location. Additionally, the Seed Driver app’s availability on both Apple and Android devices makes it accessible for even more users.”

With the Seed Driver app, route drivers have all the capabilities of the original app, including visual planograms for inventory restocking and electronic signature capture for OCS clients. Additionally, drivers can take photo and video audits as they service a vending machine or a micro market to keep accountability and ensure all locations maintain standards.

“On top of those features,” according to Tuesday’s news release, “the added enhancements of the app include a modern, easy-to-navigate user interface and the ability to use the phone’s camera to scan product barcodes when filling products at a location, which make the app much more dynamic and versatile to use on the road.”

CTLP shares took on six cents, or 1%, to $5.59.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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