Integration will enable 50,000+ operators using Verifone's
Commander to seamlessly run payments, fuel, and loyalty through
Mashgin's lightning-fast self-checkout system
PALO
ALTO, Calif., May 20, 2024
/PRNewswire-PRWeb/ -- Mashgin, the world's fastest touchless
self-checkout system, today announced an integration with Verifone,
a leading global payments solution provider. The integration with
Verifone Commander will allow Mashgin to easily deploy its computer
vision self-checkout system at convenience stores that utilize
Verifone's site management solution, which currently totals more
than 50,000 sites – about 40% of convenience stores in the U.S.
"Our goal is to enable as many retailers as
possible to cut lines by adding a convenient self-checkout option.
The integration with Verifone's Commander system will make Mashgin
an attractive option for tens of thousands of convenience
retailers." – Jack Hogan, SVP of
Partnerships at Mashgin
The new Verifone and Mashgin integration will enable retailers
to supercharge checkout speeds by adding one or several Mashgin
self-checkout kiosks while running payments, fueling operations and
loyalty programs via one central Commander Site Controller. C-store
operators using Verifone will be able to easily add Mashgin units
as a checkout option, cutting down deployment times significantly.
Verifone's Commander is certified for all fuel networks, which
means that Mashgin will be able to offer fuel sales for all oil
brands as long as the site uses Commander.
"Our goal is to enable as many retailers as possible to cut
lines and empower their staff by adding a convenient self-checkout
option," said Jack Hogan, SVP of
Partnerships at Mashgin. "The integration with Verifone's
industry-leading Commander system will make Mashgin an attractive
option for tens of thousands of convenience retailers in the U.S.
and abroad."
Mashgin's footprint is growing quickly, and its kiosks are
currently deployed at more than 4,000 locations all over the U.S.,
including convenience stores, corporate cafeterias, airports, and
two-thirds of major league sports stadiums. Mashgin kiosks utilize
AI and computer vision to identify food and goods with 99.9%
accuracy and ring them up simultaneously. Customers simply place
their items on the Mashgin kiosk tray and are instantly ready to
pay – without the need to find and scan barcodes.
"The integration of Mashgin and Verifone will unlock rapid
checkout speeds where customers and POS systems meet," said
James Hervey, Head of Petro at
Verifone. "Our goal is to be the preferred transaction engine for
convenience store customers. The integration with Mashgin will show
the power of harnessing Commander's connectivity with innovative
partners."
Mashgin is proven to increase customer throughput by 300% and
offer up to 400% faster transactions than a typical cashier, with
times averaging between 10 and 15 seconds. The results are shorter
lines, more sales and happier customers. Convenience stores using
Mashgin process up to 80% of in-store transactions via its
AI-powered self-checkout kiosks. Retailers who want to deploy
Mashgin benefit from lower capital expenditures and implementation
times of a few days – while other vendors typically need
months.
Verifone and Mashgin will showcase their solutions at the
Verifone Customer Forum in St Pete Beach, Florida from May 21 to
May 23, 2024.
About Mashgin
Mashgin is the world's fastest self-checkout system powered by
AI and computer vision. Consumers demand instant gratification.
Mashgin's Touchless Checkout System eliminates consumer frustration
while increasing revenue for retailers with checkout that is four
times faster than cashiers and traditional points-of-sale. There's
no need to look for and scan bar codes; customers simply place
their items on Mashgin's tray, pay electronically and can be on
their way in as little as 10 seconds.
Founded in 2013 and headquartered in Palo Alto, California, Mashgin is a privately
held company backed by NEA, Matrix Partners, Susa Ventures and Y
Combinator. Follow Mashgin on Twitter and LinkedIn or learn more at
mashgin.com.
About Verifone
Verifone is the payments architect shaping ecosystems for online
and in-person commerce experiences, including everything businesses
need – from secure payment devices to eCommerce tools, acquiring
services, advanced business insights, and much more. As a global
FinTech leader, Verifone powers omni-commerce growth for companies
in over 165 countries and is trusted by the world's best-known
brands, small businesses and major financial institutions. The
Verifone platform is built on a four-decade history of innovation
and uncompromised security, annually managing more than
12B transactions worth over
$500B on physical and digital
channels. Learn more at Verifone.com.
Media Contact
Michael Held-Hernandez, Mashgin,
1 4158899977, mashgin@wearemgp.com, www.mashgin.com
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SOURCE Mashgin