The brick-and-mortar retail model is in flux. Stores have been shuttering due to retail theft, staffing shortages abound, items are locked up, and navigating the aisles takes longer than ever. Shoppers, conditioned by the shift to eCommerce throughout the past several years, value time and...
Consumer preferences favor convenient, autonomous transactions, sparking the growth of self-service solutions across various industries. Unattended payments are driving this trend, providing customers with efficient, independent ways to complete purchases. Unattended payments, which allow customers to complete transactions independently through self-service machines or kiosks, are...
Self-service commerce technology provider Cantaloupe rolled out its new Smart Stores. These stores offer a 24/7 self-service solution for retailers, residential buildings, fitness centers and hotel pantries, according to a Tuesday (Dec. 10) news release. Customers present payment at the point-of-sale (POS) to unlock the...
McDonald’s is reportedly launching a series of digital ordering stations that provide cashierless checkout options. These stations — rolling out at a handful of the fast-food giant’s restaurants — will be able to take cash and provide change, letting customers skip the register, Bloomberg reported...
July 31, 2024
As Amazon looks to license its Just Walk Out checkout system to more stores, the eCommerce giant is upgrading the artificial intelligence model to improve accuracy. The company announced in a blog post Wednesday (July 31) that the new multimodal AI foundation model uses advanced machine learning techniques, akin to those used in generative AI […]
May 29, 2024
Human interaction used to be essential for finalizing transactions at traditional point-of-sale locations. However, there has been a shift, with unattended payments technologies increasingly becoming indispensable in today’s fast-paced retail...
October 22, 2021
As much as the pandemic and societal circumstances have brought about an array of changes in the way we shop and transact, consumers themselves are also playing a driving role...
April 17, 2020
The pandemic is reshaping all facets of physical life. As we space six feet apart in pretty much every physical setting – walking in the park, waiting for groceries, nimbly...
December 10, 2024
Self-service commerce technology provider Cantaloupe rolled out its new Smart Stores. These stores offer a 24/7 self-service solution for retailers, residential buildings, fitness centers and hotel pantries, according to a Tuesday (Dec. 10) news release. Customers present payment at the point-of-sale (POS) to unlock the unit, select their items, and then complete their purchase by […]
September 11, 2024
McDonald’s is reportedly launching a series of digital ordering stations that provide cashierless checkout options. These stations — rolling out at a handful of the fast-food giant’s restaurants — will...
May 23, 2024
365 Retail Markets has acquired Impulsify, saying the move will pave the way for 365 to supply more self-service retail experiences. The acquisition adds Impulsify’s self-service retail outlets for hotel chains and...
March 07, 2024
As part of a broader push into the Latin American market, Nayax, a global commerce enablement, payments and loyalty platform, announced that it agreed to acquire VMtecnologia. The acquisition heralds an expansion...
