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

7-Eleven to open unmanned convenience stores in Japan

7-Eleven opens trial store in Tokyo using facial recognition payment system — The Mainichi — “Convenience store giant Seven-Eleven Japan Co launched a trial 7-Eleven store with a self-checkout system using facial recognition technology here on Dec 17 as it aims to promote labour-saving measures and introduce cashless payments amid concerns of labour shortages… Seven-Eleven Japan Co plans to install the system at small-scale 7-Eleven outlets, such as those inside office buildings, making it the first convenience store chain of its kind in Japan.”


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

Sainsbury’s lets UK supermarket shoppers check out from their mobile phones

Skip the queue, scan and go: Sainsbury’s launches till-free shopping — Sainsbury’s — “In a UK supermarket first, Sainsbury’s is trialling new scan, pay and go technology that will enable customers in one of its busy London convenience stores to pay for products in-store using their smartphone… Using the latest version of the SmartShop app, customers visiting the Clapham North Station Local can use their smartphones to scan their shopping as they go and then pay for it through the app, from anywhere in the store, using Apple Pay.”


What's New in Payments

Central bank tightens rules on accepting cards and cash in Chinese stores

As China goes increasingly cashless, PBOC says cash payment is still alive — South China Morning Post — “The central bank in China, the world’s largest mobile payment market, is urging individuals and companies to not refuse or discriminate against cash payment… The PBOC said cash should be accepted alongside the debit card at all business outlets, with the exception of e-commerce and unstaffed stores. Businesses have one month from Friday to make necessary adjustments to avoid being investigated for breaches by the authorities.”


What's New in Payments

Amazon to open cashierless stores in Chicago and San Francisco

Amazon will open checkout-free stores in Chicago and San Francisco — Engadget — “Amazon has posted job listings for store managers in both Chicago and San Francisco, making it clear where the automated stores are headed next… Amazon has a building permit for a store in Chicago’s Loop, while a San Francisco Chronicle report claimed that a store would open near Union Square. An earlier Recode scoop asserted that Amazon would open as many as six more stores in 2018, with one possibly coming to Los Angeles.”


What's New in Payments

Ingenico and USA Technologies team up to bring contactless payments to unattended retail locations

Ingenico Group and USA Technologies announce a three year strategic alliance agreement — USA Technologies — PARTNER NEWS — “Through the Alliance Agreement, both companies will partner to pursue the unattended retail marketplace with a bundled solution that pairs Ingenico Group’s innovative hardware, software, security and services solutions portfolio with USAT’s comprehensive ePort Connect services platform specifically designed for the unattended retail market.”



What's New in Payments

WeChat opens unmanned store in Shanghai

WeChat opens its first unmanned store in Shanghai — ECNS — “Shoppers need to scan a QR code with their WeChat app to enter the store. Sensors at the exit detect the shopper’s selections and automatically charge their WeChat wallet when they go through a ‘payment door’… WeChat payment industry operations director Bai Zhenjie said it takes less than 0.1 seconds for a customer to pay a bill. He added that facial and image recognition technology may be adopted in the store in the future.”


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

Malaysia’s first cashierless store opens in Subang Jaya

Malaysia’s first self-service convenience store has opened in Subang Jaya — Says — “Following the likes of Amazon and Alibaba, an e-payment operator has opened Malaysia’s first unmanned, self-service convenience store… Customers are required to download the Irispay app, fill in personal details, and scan the QR code on the products before making payment.”


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