Retailers Boost Efficiency Using Self-Checkout and Card Payments
1 report, 1 independent
Updated Wed 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Grocery stores are increasingly adopting electronic point-of-sale (EPOS) systems, with shoppers favoring self-checkouts, scan & go, and online options like click-and-collect, often paying by contactless card or smartphone. A study of global retailers found that 54% of retail transactions now pass through self-checkout.
From esmmagazine.com
Why it matters
Supermarkets are implementing these technologies to drive operational efficiency and enhance the customer experience. Experts expect EPOS systems to evolve further, integrating mobile payments and data analytics to streamline operations.
From esmmagazine.com
Who's involved
- University of LeicesterConducted a study on global retailers regarding transaction methods
Keep exploring
The entities involved
-
European Central Bank
central bank of the European Union and the eurozone
-
University of Leicester
university in Leicester, United Kingdom
Nothing else this week.