Warsaw-based retail startup Zero Q The company reportedly secured 457,000 euros (approximately $496,000) in funding. freya capital.
The company plans to use the new funding to further develop its smart shopping cart technology and expand its market presence, EU Startups report Tuesday (January 30th).
“We are planning a full-scale introduction to retail chains in Poland and abroad,” said ZeroQs CEO. Jarosław Kaczmarczyk said in the report.
ZeroQs did not immediately respond to PYMNTS' request for comment.
Retailer Społem and digital centrum According to the report, it has already adopted ZeroQs' smart shopping cart.
ZeroQs' solution aims to address the problem of long shopping lines and improve the shopping experience for consumers, the report said.
Equipped with weighing systems, barcode readers, and touchscreens, these smart shopping carts allow customers to place items in their cart, scan them with a built-in scanner, and leave the store, and the bill is automatically charged to their account. , a report will be created. Said.
For retail chains, ZeroQs' smart shopping carts not only improve the customer experience, but also enhance security and streamline inventory management by validating products with weighing and visual systems, according to the report.
According to the report, another key benefit of ZeroQs technology is its ability to collect consumer behavioral data. Using this data, retail chains can personalize the shopping process and further improve the shopping experience.
“Retail chains are increasingly interested in accessing data about customer behavior, and ZeroQs' smart shopping carts could become a key provider of this information.” Michał LewandowskiFreya Capital's managing partner said in a report:
smart shopping cart PYMNTS reported in November that while more grocery chains are expanding to rely solely on checkout technology, many consumers are They say they realize they want to stick to traditional methods.
Some consumers remain hesitant about the technology, leading Amazon, for example, to return to offering more traditional self-checkout options at its Fresh stores.
PYMNTS Intelligence found that retailers are looking to overcome point-of-sale (POS) checkout friction by implementing: unmanned retail store Solutions such as self-checkout lanes and fully autonomous stores.
“40% of U.S. retailers say they believe their customers are very or very likely to switch from a merchant that doesn’t offer scan-and-go technology.”Big Retailer’s Innovation Mission: Convenience and Personalization”, PYMNTS Intelligence and ACI Worldwide collaboration.
