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Are any alternative in-store payments about to break out?

January 3, 2023

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After ramping up efforts to reduce friction in the online shopping experience over the pandemic, retailers are now reportedly focusing their investments on the in-store payment process.

According to a recent Wall Street Journal article:

  • Halfords, the UK-based retailer of auto parts and bicycles, is exploring a technology that uses sound waves to enable digital payments via a customers’ mobile device.
  • Kroger is testing smart shopping carts that enable customers to avoid the traditional checkout line, as well as exploring installing checkouts in individual aisles.
  • Nordstrom is investigating payment via mobile phone.

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