What's New in Payments

Amazon to make its cashierless Go technology available to other merchants?

Amazon is in talks to bring its cashierless Go technology to airports and movie theaters — CNBC — “Amazon is in talks to bring the cashierless technology that runs its Go stores to other retailers like airport shops and movie theatres, according to people familiar with the matter… The idea is to start installing the technology working for customers in the first quarter of 2020 and have hundreds of these stores working by the end of 2020, two of the people said. One person said Amazon hopes to have the upgrade process take just two weeks.”


What's New in Payments

Shoppers forecast to spend $45bn a year using self-checkout in stores

‘Just Walk Out’ shopping and other smart checkout tech to reach over $45bn transactions by 2023, as retailers strive to eliminate lines — Juniper Research — “Retail spend at frictionless payment stores like Amazon Go will grow from an estimated US$253m in 2018 to over US$45bn by 2023. Juniper expects most of these transactions to be in convenience and general stores, with an average transaction value around US$30 per visit… Self-scanning apps, an alternative to ‘Just Walk Out’ technologies, will be used by over 32 million shoppers by 2023.”


What's New in Payments

Tesco pilots ‘Scan Pay Go’ cashless supermarket concept

Tesco trials cashless ‘shop and go’ store at HQ — Essential Retail — “Tesco staff are trialling a completely cashless store at the grocer’s headquarters in Welwyn Garden City, including ‘shop and go’ technology similar to that used in the Amazon Go store in Seattle… The technology allows customers to scan and pay for their products via their smartphone before walking out of the store without visiting a traditional till point.”



What's New in Payments

Amazon opens its cashierless store to the public

Amazon Go cashierless convenience store opening to the public — The Seattle Times — “The store requires customers to scan their smartphone on the way in, tracks them with cameras and other sensors as they browse, and, when they take an item off the shelf, adds it to a virtual cart. Groceries are charged to the customer’s Amazon account when they leave with their goods.”


What's New in Payments

Amazon moves closer to rollout of automated stores

Amazon’s cashierless store is almost ready for prime time — Bloomberg — “For the past year, Amazon employees have been test driving Amazon Go, an experimental convenience store in downtown Seattle. The idea is to let consumers walk in, pick up items and then pay for them without ever standing in line at a cashier… In a sign that the concept is almost ready for prime time, hiring for the Amazon Go team has shifted from the engineers and research scientists needed to perfect the platform to the construction managers and marketers who would build and promote the stores to consumers.”


What's New in Payments

Survey finds consumers view contactless shopping as both ‘cool’ and ‘creepy’

Rich Relevance

A survey of consumer attitudes to emerging technologies has found that the majority of both US and European consumers now believe that using fingerprint scanning to pay for purchases is ‘cool’ — but UK and European consumers are divided on the idea of contactless shopping services like Amazon Go, with 40% considering the technology to be ‘cool’ and 31% seeing it as ‘creepy’... More





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