Amniscient's computer vision technology is not only built to be plug and play for existing point-of-sale infrastructure, but can also be utilized as a revenue generation tool with every transaction or licensing agreement.
Point-of-Sale manufacturers and wholesalers who sell in units often don't see additional revenue generation until contract renewal or term changes are in place. Amniscient offers a monthly opportunity to capitalize on an existing contracts by implementing object identification, tied to dedicated kiosks. At the licensing level, Amniscient is able to work with partners to produce multi-unit deals that offer monthly cash back opportunities to the point-of-sale provider for the duration of the contract.
Object identification not only speeds up wait and transaction time, but is also tied to transaction volume and usage, through an API call. For point-of-sale SaaS providers this means that an existing per-transaction fee can be augmented to include object validation per transaction fees with a cash return to the provider. With hundreds of thousands of transactions per unit, this can quickly become a revenue generating opportunity for an existing or new contract.
As adoption rates for frictionless checkout skyrocket, retrofitting or outfitting new POS units and software upgrades with the ability to provide object recognition, not only save retailers and operators on labor, waste, and inventory costs but, also give providers the opportunity to create real time revenue generation.
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