From Instant Checkout Apps to Self-Serve Bars
Mary Van Puymbroeck — June 14, 2017 — Business
In today's fast-moving world, retailers are looking for new ways to speed up the payment process for consumers and these quick payment methods do just that.
While some businesses are choosing to automate their checkout processes (with autonomous checkout robots) others are streamlining theirs -- think mobile payment options or high-speed checkout stations.
The ability to increase checkout speed directly increases sales for those that adopt these high-tech processes. If a consumer is spending less time waiting to pay after they have made the initial decision to purchase an item, they are more likely to make the purchase. This seems totally intuitive, but it is one thing that retailers like Amazon have done to differentiate their businesses and boost sales.
While some businesses are choosing to automate their checkout processes (with autonomous checkout robots) others are streamlining theirs -- think mobile payment options or high-speed checkout stations.
The ability to increase checkout speed directly increases sales for those that adopt these high-tech processes. If a consumer is spending less time waiting to pay after they have made the initial decision to purchase an item, they are more likely to make the purchase. This seems totally intuitive, but it is one thing that retailers like Amazon have done to differentiate their businesses and boost sales.
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