TEL AVIV, ISRAEL, April 18, 2023 — McapMediaWire — A2Z Smart Technologies Corp. (“A2Z”) (“Company”), (NASDAQ: AZ) (TSXV: AZ), a leader in smart cart technology, announces that it has successfully completed an initial trial of a computer vision product recognition solution, capable of matching the product put into its smart cart with the product scanned. A2Z intends to continue the development of this computer vision software and incorporate it into its Cust2mate smart carts. The solution will supplement the smart cart’s numerous anti-theft and fraud protection components, including a security scale.
A2Z acknowledges Amazon’s recent announcement of their release of the Palm Pay program, using a biometric from the customers palm swipe to pay for groceries, rolling out to Whole Foods and AmazonGo. Cust2Mate believes that it demonstrates greater privacy with its advanced smart cart technology for retailers looking to enhance their customer experience and increase revenue.
The market potential for smart carts is vast, with every retail chain in the world seeking a solution for the present sub-optimal shopping experience. With the ability to provide advertisements and promotions to shoppers, smart carts offer an additional revenue source for retailers.
“We have a world leading mobile self-checkout shopping cart. It’s a one-stop-shop for customers,” said Gadi Graus, President of A2Z Smart Technologies. “You scan the goods as you shop, you receive information, promotions, discounts, you pay for your purchases using the smart payment systems on the cart, and you walk out of the store – no waits, no hassle, no bad experiences.”
Cust2Mate’s smart cart can deliver timely coupons, allergy information, product recommendations, optimized list to isle navigation and smart product matching among many other consumer experience features. The technology ensures a more secure and efficient shopping experience while also providing valuable insights into customer behavior and preferences.
As privacy and security concerns continue to be raised around biometric data collection, Cust2Mate assures customers that its technology is designed with security in mind. Cust2Mate’s smart carts have already been successfully deployed in a multi-store chain and are available for implementation at any retail location worldwide. For more information, please visit www.cust2mate.com.
“Cust2Mate’s technology is scalable and customizable, offering a superior solution for retailers looking to enhance their in-store experience and increase customer satisfaction,” concluded Graus.
A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z’s flagship product is an advanced proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply “pick & go”, and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.
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SOURCE: A2Z Smart Technologies Corp.