Payments

Mashgin self-checkout surpasses $100M in transactions

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August 3, 2021

Mashgin, a touchless self-checkout system powered by AI and computer vision, has processed more than 16 million global transactions to date and recently surpassed more than $100 million in sales transactions worldwide, according to a press release.

Deployments of Mashgin's kiosks increased by over 100% during 2021, to nearly 500 locations today.

Mashgin recently introduced payment integrations for convenience stores and fuel retailers, including an integration with Glory Ltd., a global provider of cash technology solutions. The payment integrations allow customers to purchase fuel at Mashgin kiosks and use cash to check out even faster than paying by credit card.

Credit and debit cards are typically considered more efficient payment methods, however, Mashgin observed many cash transactions completing faster than typical EMV chip credit cards during the testing phase of its soon-to-release integration with Glory.