• Tue. Jul 2nd, 2024

New technology from Micromart enables autonomous micromarket operations

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Jun 27, 2024

Micromart has recently introduced a new concept of fully automated micro markets that operate 24/7. According to a press release, this technology aims to eliminate the need for checkout lines and reduce the risk of theft.

In response to the increasing demand for micro markets, Micromart has developed unattended markets that securely hold convenience items until a valid payment method is used to open the door. The company utilizes AI-powered technology for order processing to ensure fast and secure transactions, only charging customers for items they remove from the market.

Yang Yu, the CEO of Micromart, expressed excitement about the launch of this new technology. Having sold over a quarter million items through their KitchenMate food service division in Toronto, Micromart is now looking to expand their white-labeled technology to vending, micro market, and foodservice operators in the US and Canada. These autonomous micro markets are designed to help operators reduce labor costs, prevent theft, and increase revenue, making them an ideal solution for the current economic environment.

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