Bakkt App Will Allow Users to Spend Crypto on Cantaloupe's Retail Network

Users of the Bakkt App will soon be able to spend crypto and loyalty points on payments company Cantaloupe's "unattended retail" network.

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The new partnership with Cantaloupe will mean bitcoin and loyalty points can be used to buy items at vending machines and other self-serve kiosks, known as "unattended retail," according to an announcement Thursday.
Gavin Michael, CEO of Bakkt, used the example of "buying a snack at an airport with unused points."
Bakkt – a firm that was founded by Intercontinental Exchange, the owner of the New York Stock Exchange – will also integrate into Cantaloupe's consumer app to give users the option to "Pay With Crypto" or "Pay With Points," helping consumers to make payments at self-service kiosks and stores.
The Bakkt app was originally announced in October 2019, but wasn't launched until March because of a delay caused by COVID-19.

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