Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

AI Startup Mashgin Partners with Biometric ID Provider Keyo to Add Contactless Pay By Palm Technology to Its AI Self-Checkout


News provided by

Mashgin

Jan 16, 2024, 09:00 ET

Share this article

Share toX

Share this article

Share toX

Mashgin and Keyo partner for faster self-checkout
Mashgin and Keyo partner for faster self-checkout

The integration enables even faster checkout speeds on Mashgin kiosks by allowing customers to pay with a wave of the hand, and expands the network of locations where Keyo members can use their accounts.

PALO ALTO, Calif. and CHICAGO, Jan. 16, 2024 /PRNewswire-PRWeb/ -- Mashgin, the world's fastest touchless self-checkout system, today announced a partnership with Keyo and its global biometric identity network. The partnership creates a self-checkout experience on par with solutions like Amazon Just Walk Out – but at a fraction of the cost, headache, and privacy concerns for retailers. The solution was recently rolled out at a large corporate dining facility, where it was used to speed up cafeteria lines. See a video of Keyo and Mashgin in action here.

The integration of Mashgin's AI-powered self-checkout and the Keyo Wave palm reader empowers retailers to offer an additional, even faster way to pay using Mashgin kiosks. Customers leverage Mashgin's AI-powered self-checkout technology and then pay with a contactless scan of the hand. Using the Keyo hand scanner eliminates the need for phones, wallets, or credit cards during checkout. Mashgin users who pay for their purchases with Keyo save an additional 15%-30% of total transaction time compared to conventional payment methods – pushing median checkout times for the combined solution to under 10 seconds.

"Mashgin has already solved the problem of ring-up time - making it instant and effortless. Keyo does the same thing for the payment part of a transaction, making the whole process lightning fast. – Toby Awalt, VP Marketing, Mashgin

Post this

Early data shows that customers love using Mashgin and Keyo together. In just three months, adoption rates climbed to 10%, an exciting result considering that only 5.8% of in-store transactions are paid with mobile wallets, a technology that's been in use for nearly 10 years. Moreover, with over a 93% retention rate, nearly all users who tried Keyo and Mashgin stuck with it.

"Mashgin has already solved the problem of ring-up time - making it instant and effortless," said Toby Awalt, Vice President Marketing at Mashgin. "Keyo does the same thing for the payment part of a transaction, making the whole process lightning fast."

The combination of Mashgin and Keyo is a great option for cafes, concessionaires, and brick-and-mortar retailers who want a fast, frictionless experience without having to shoulder the financial burden caused by the expensive remodeling needed for most "just-walk-out" technologies. Mashgin's countertop kiosk and Keyo's hockey puck-sized biometric palm reader provide a more flexible solution that is equally convenient for shoppers and minimally disruptive to the retailer's day-to-day business.

"Keyo's contactless palm scanning is the future of fast and secure in-store payments and loyalty," said Jaxon Klein, founder and CEO of Keyo. "Partnering with Mashgin creates a killer use-case for Keyo in the places where speed matters most, empowering retailers to create more personalized guest experiences while increasing throughput and allowing customers to skip the headache of digging for phones, wallets, and cards."

Mashgin kiosks are already deployed at more than 3,500 U.S. locations, including convenience stores, major league sports stadiums and arenas, airports, ski resorts and corporate dining facilities. Using multiple cameras and computer vision, Mashgin kiosks identify food and goods with 99.9% accuracy and ring them up simultaneously.

Keyo Partners have already deployed over 15,000 Keyo devices for customers to pay at stores, check in for doctor's appointments, and open office doors – all with a wave of the palm. The new integration between Keyo and Mashgin will expand the Keyo network by making this technology available to even more retail locations around the United States.

About Mashgin

Mashgin is the world's fastest self-checkout system powered by AI and computer vision. Consumers demand instant gratification. Mashgin's Touchless Checkout System eliminates consumer frustration while increasing revenue for retailers with checkout that is four times faster than cashiers and traditional points-of-sale. There's no need to look for and scan bar codes; customers simply place their items on Mashgin's tray, pay electronically, and be on their way in as little as 10 seconds.

Founded in 2013 and headquartered in Palo Alto, California, Mashgin is a privately held company backed by NEA, Matrix Partners, Susa Ventures and Y Combinator. Follow Mashgin on Twitter and LinkedIn, or learn more at mashgin.com.

About Keyo

Keyo allows anyone to prove who they are and access what is theirs with a wave of their hand. Our patented hardware and software map the unique patterns of your palm and encrypt your data at enrollment, so you can enjoy the convenience of biometrics without compromising your privacy. Keyo gives you the power to open doors, pay at stores, redeem tickets, and more without phones, cards, or keys. For more information, visit Keyo.com.

Media Contacts:

Michael Held-Hernandez
Mercury Global Partners for Mashgin
+1 480 306 1154
[email protected]

Lindsey Boyle
Moxie Communications Group for Keyo
[email protected]

SOURCE Mashgin

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.