1 minute read

PAYMENT CHOICE WORKS FOR EVERYONE except the banks

Amazon launched its Amazon Go concept, with a fanfare of trumpets, in 2016. These stores were supposed to offer benefits for both customers and the all conquering parent company.

Customers could shop for the items they wanted, walking past scanners which registered their purchases without any kind of checkout or scanning of items required – the ultimate in convenience shopping for the public, whilst delivering much lower staffing costs for Amazon.

Advertisement

And, of course, the stores were “cashless”.

In March 2023, with no fanfare of trumpets, Amazon announced it was closing eight of its 29 Amazon Go locations in the United States, along with shelving plans for expansion in markets such as the UK.

Currently, Jeff Bezos has more chance of landing on

Starbucks in the US was recently forced to admit its card acceptance systems were down. It was either your app or cash, if you wanted to both smell and drink the coffee.

This article is from: