Thursday, April 25, 2024

Stripe to power Amazon’s Just Walk Out tech in Australia

Amazon has partnered with financial infrastructure platform, Stripe, to power Just Walk Out technology in Australia.

Amazon’s Just Walk Out technology is designed to be an effortless shopping experience. The guest enters the store by using their credit card or mobile wallet at the entry gate. The technology detects what shoppers take from or return to shelves and creates a virtual shopping session. When the guest completes the shopping experience, they can simply leave the store without waiting in line. Their chosen payment method gets charged for the items taken.

Australian merchants interested in utilising the technology will use Stripe Terminal’s WisePad3S reader attached to physical entry gates. Stripe will automatically process the payment after the guest leaves.

Stripe Connect will programmatically route payments from shoppers directly to businesses using the Just Walk Out technology.

“The only thing better than a speedy checkout is no checkout at all. I’m thrilled that Stripe is powering Amazon’s Just Walk Out technology payments,” says Stripe Chief Revenue Officer Eileen O’Mara.

“With Stripe Terminal and Connect, merchants using Just Walk Out technology will benefit from the same reliability that ensures millions of successful transactions on Amazon.”

In addition to Just Walk Out technology, Stripe serves as a strategic payments partner for multiple lines of Amazon business such as Prime, Audible, Kindle, and Amazon Pay.

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