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Cantaloupe Inc., a specialist in micropayments, announced on Tuesday it has teamed up with Amazon Web Services Inc. (AWS) to use AWS cloud services and make AWS its preferred provider to handle transaction volume flowing through Cantaloupe’s merchant network.
Cantaloupe, which specializes in payments technology for vending machines and self-service marketplaces, handles more than $2 billion in transactions annually.
The partnership with AWS will enable Cantaloupe to manage its Internet of Things (IoT) devices all in the cloud, through its own cloud-based platform. As a result, Cantaloupe merchants will no longer be reliant on one geographic region to manage critical parts of their device infrastructure. Cantaloupe, which has more than 1 million active IoT and payment devices and more than 25,000 clients globally, will use AWS to help merchants monitor point-of-sale devices, optimize inventory, and develop new shopping and payment technology.
“The move to AWS has given us the flexibility to configure and manage our own platform without the requirement of someone to prepare hardware for us,” Gaurav Singal, chief technology officer for Cantaloupe, says in a statement. “Having AWS as the backbone of our service delivery gives us high elasticity and scalability within the cloud, anywhere in the world. With AWS, we are better positioned to expand internationally.”
Since migrating to AWS, Cantaloupe has experienced zero downtime, according to Singal. “In fact, we are seeing performance and process improvements across the board. Where it would have previously taken our systems over three hours to go through complex payment workflows, now these same processes often take just 30 minutes to complete,” he adds. “Within our self-service commerce operations, we have increased productivity due to less time spent on infrastructure support and monitoring, and our teams can evaluate and implement AWS features to reduce costs even more.”
AWS has recently been pushing further into the payment space. Earlier this month, Galileo Financial Technologies LLC reached an agreement with Amazon.com to make Galileo apps available to buyers on Amazon’s AWS Marketplace, a digital catalog that features software listings from independent software vendors.
