Payments News

On The Web

nbsp;

Deals

Amazon Go competitor Standard Cognition raises $40 million to expand its cashierless store solution

“The space’s startups have been mostly retailer-agnostic so far, and it’s no wonder why — brick-and-mortar space is expensive. San Francisco-based Standard Cognition this summer announced a partnership with Paltac in Japan that will see its autonomous checkout solution deployed in 3,000 stores, along with unnamed retailers in North America and Europe — and it’s impressed investors […]
nbsp; nbsp;

Tech

Three Paths To Cashierless Retailing: Amazon, Nike And Saturn

“Cashierless stores are moving even further into the retail mainstream. In addition to Amazon, which reportedly has started testing its Amazon Go techin larger store formats, Nike has implemented a barcode-based solution at its New York City flagship store and German electronics retailer Saturn is deploying mobile self-checkout at its largest store in Hamburg. All three solutions seek to eliminate checkout friction […]
nbsp;

Tech

Ahold Delhaize Pilots Unmanned Store in the US

“Netherlands-based supermarket giant Ahold Delhaize has opened Lunchbox, a low-cost cashierless store that lets consumers “shop a small format store in seconds by scanning in, shopping and walking out”. The concept is being piloted at the Massachusetts offices of the company’s Retail Business Services division in the USA. “Lunchbox is an easy, fresh shopping alternative,” […]
nbsp;

Tech

Brazilian Retailer Plans Checkout-Free Stores – Retail TouchPoints

“Lojas Americanas S.A. will deploy checkout-free technology from Zippin in stores throughout the country. The Brazilian retailer will use the technology in its Ame Go convenience store locations. Customers gain entry by scanning the company’s Ame Digital app. The stores will range from 250 to 3,000 square feet in size and will be located in […]

On The Wires

nbsp;

Tech

Zippin Launches Next Generation Checkout-Free Technology Enabling Retailers to Quickly Deploy Frictionless Shopping

“Consumers in the U.S. waste almost 37 billion hours a year standing in line, and a significant portion of that is spent waiting in retail checkout lines. Zippin’s patent-pending approach uses AI, machine learning, and visual cognition technology, to create the best consumer experience: banishing checkout lines and self-scanners, and letting shoppers zip in and […]