Mashgin, an artificial intelligence (AI)-based self-checkout system, is integrating with Verifone, a global payments solution provider. The integration with Verifone Commander will allow Mashgin to deploy its computer vision self-checkout system at convenience stores that use Verifone’s secure payment site management solution, which currently totals more than 50,000 sites.
The new Verifone and Mashgin integration will enable retailers to shorten the checkout experience by adding one or several Mashgin self-checkout kiosks while running payments, fueling operations and loyalty programs via one central commander site controller.
Palo Alto, California-based Mashgin kiosks utilize AI and computer vision to identify items with 99.9% accuracy and ring them up simultaneously, the company said. Customers place their items on the Mashgin kiosk tray and are instantly able to pay without the need to find and scan barcodes.
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, senior vice president 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 United States and abroad.”
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, according to the company. 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 instead of months.
“The integration of Mashgin and Verifone will unlock rapid checkout speeds where customers and POS [point of sale] systems meet,” said James Hervey, head of petro at Verifone, New York. “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’s kiosks are currently deployed at more than 4,000 locations in the United States, including convenience stores, corporate cafeterias, airports and major league sports stadiums.
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