CAV’s loyal customers will use their faces to make a payment.
As the ultimate contactless service, the unattended market had been adapting to cashless trends well before the pandemic struck, and it continues to upgrade its offerings to suit a wider range of industries.
Often, however, the pain point for Automated retail operators currently, there is no all-in-one solution that is capable of verifying age, authenticating documents and accepting payments.
CAV provides more value to customers through Age Verifier with a built-in payment system
Consumers today expect to enjoy the latest innovations and best-in-class customer experiences. These shoppers believe that self-service is a time-saver, and they also view cashless and contactless as faster and more seamless ways to pay – a fact which is reflected in the recent consumer demand for a wider variety of APMs. Customers now expect even more options to pay for their goods and services, from QR codes, to in-app payments and more.
There are a lot of great competitors, but none of them have seamless physical age verification.
The global unattended retail market is predicted to grow to a value of $46 billion by 2027 at a CAGR of nearly 7 percent between 2020 and 2027.
Сontactless sales increased steadily each month throughout 2020 and into 2021. Starting in Jan 2020, 18% of cashless transactions were contactless. By Oct 2021, contactless transactions had increased to 43% of total cashless trasactions overall.
Quantity of current unattended retail solutions that can be equipped with Age Verifier
One automated retail station generates monthly selling age restricted goods
CAV’s monthly revenue from 1% payment fee
All-in-one solution will be the best in value of features for automated retailers, and convenient as never before for users.