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Mashgin’s AI Checkout Powers Over 440 Million Transactions in 2024

GlobeNewswire LogoGlobeNewswire1w ago

Mashgin’s AI Checkout Powers Over 440 Million Transactions in 2024 - GlobeNewswire

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The computer vision company reduces transaction time to mere seconds, cutting lines in half at sports stadiums, retail stores, and cafes across the worldPALO ALTO, Calif., Jan.15, 2025 (GLOBE NEWSWIRE) -- Mashgin, the AI-powered checkout company, today released data and insights showcasing its momentum throughout 2024 in eliminating lines and expediting transaction times at retail and food service locations.

At the same time we are expanding our reach and success into other important sectors, such as convenience stores, college campuses, airports, corporate cafeterias, and hospitals.” Reducing Checkout Friction Across More Retail Experiences Mashgin deployed its technology in a number of other key retail and food service sectors: over 3,000 convenience stores, 50 airports, 50 college campuses, 30 cafes at ski resorts, and 100 hospitals now use Mashgin to help their patrons make their purchases quickly and get to their next destination, ski run, flight, class or patient.

With major deployments in sports venues, convenience stores, college campuses, ski resorts, airports, and hospitals, Mashgin checkout systems report median transaction times as low as seven seconds, including the time it takes to pay.

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Article Details

Author / Journalist: Mashgin

Category: Technology

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 14:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Readers: 61 people read this story

Article Length: 620 words

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Sentences: 23 lines

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Copyright Owner: © GlobeNewswire

News ID: 25176843

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