Teamwork Commerce’s new self-checkout technology allows customers to instantly scan items and reduce checkout times.

The self-checkout solution also allows retailers to reduce losses and bolster security by triggering alarms, increasing the number of transactions during operating hours and creating more time for in-store associates to focus on customer service.

Radio-frequency identification technology (RFID) automatically scans all items and users are able to add barcodes, coupons and revolutionary payment methods to create a streamlined shopping experience.

Teamwork Commerce vice-president Amber Hovious commented: “We know that self-checkout is here to stay and we want to take part in the revolution of the retail industry. The retail checkout experience is the last touchpoint a shopper has with a store and providing more checkout options can boost customer satisfaction and reduce wait time.

“With Teamwork Commerce’s self-checkout technology, retailers can keep customers happy and encourage more sales in-store. The quicker customers can shop, the happier they’ll be.”

Teamwork Commerce provides omnichannel solutions, including point-of-sale, order management, inventory control, CRM and analytics. The company works with brands such as Prada and Zalando.

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GlobalData confirms that retailers that embrace technology and adapt their traditional business models will be best placed to compete alongside e-commerce disruptors.

A recently published report by global consulting firm AlixPartners and World Retail Congress calls for a ‘digital-first retail’ (DFR) approach to aid sector-wide transformational retail strategies.