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Checkout-free Shopping: It’s Bigger Than You Think

“Cashierless checkout won’t merely restructure retail business models: It will disrupt the entire payments industry. A few years ago, Amazon made headlines with its Amazon Go stores where shoppers simply retrieve items from shelves and walk out. This process has often been dubbed “cashierless checkout” but would be more accurately described as “checkout-free shopping,” as […]

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Giesecke+Devrient Acquires Valid’s Payment and Identity Solutions Business in the U.S.

“Giesecke+Devrient (G+D), a global security technology group, today announced the acquisition of the payment and identity solutions business of Valid USA. With this step, G+D aims to accelerate growth in the U.S., one of the world’s largest payment and identity markets. G+D customers will benefit from the enlarged business size in the face of persistent […]

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The Point of Sale Isn’t Just Changing — It Could Disappear

“One of the most significant new trends is consumers’ strong interest in checkout-free retail, in which payments are handled almost invisibly, according to new research from Arizent, the parent company of American Banker. This stands in contrast to the backlash against checkout-free retail prior to the pandemic, when the concept was seen as discriminatory against […]

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Google Makes Listing Products on Its Shopping Service Free

“Google will make product listings on its Shopping service free, part of a broader push to expand in e-commerce and mount a bigger challenge to Amazon.com Inc. as the Covid-19 pandemic drives more consumers online.The Alphabet Inc. unit will let merchants post their wares on Google Shopping for free regardless of whether they pay for […]

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Dunkin’ to Pilot Checkout-Free Store in California

“Customers of US coffee chain Dunkin’ in California will soon be able to walk into a store, pick up a coffee and pay for it from their mobile phone without having to pre-order, interact with staff, wait to pay at a checkout or scan goods at a kiosk. The chain is to pilot the checkout-free […]

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