JD.com, Fung Retailing launch AI checkout solution

Source: insideretail, Thursday, Mar 14, 2019

JD.com has partnered with Fung Retailing Group to unveil Hong Kong’s first AI checkout solution in a retail store environment. The AI-powered checkout technology is a result of a strategic deal between the firms signed last year. It represents the first AI checkout experience featuring image recognition technology in the territory. This technology is currently installed at the AI Retailing Zone in two Circle K stores in Hong Kong.

Designed to make the checkout experience as easy and hassle-free as possible, customers can complete checkout using the AI-powered solution in just four seconds with three simple steps, including placing the products on the counter, scanning, and paying via Octopus card.