TRUSTY CHECKOUTS

This trend is all about retailers offering more flexible ways to pay. 
Convenience today is especially linked to how efficient and mindful the purchase experience is, meaning that payment methods are particularly important.

CLEVER CUP BY COSTA

United Kingdom

Image: Which?

British coffee chain Costa has unveiled their Clever Cup, a reusable coffee cup that is used to pay for refills. Embedded in the cup is a Barclaycard Pay chip, that can be tapped in the same way as a contactless payment. As the chip is connected to their bank accounts, it can also be used to pay for items anywhere contactless payments are accepted, as often consumers are more likely to have a coffee to hand than a bank card. The cup incentivises sustainability whilst building brand loyalty. The Clever Cup sells for £14.99 and £1 from every sale is donated to the Costa Foundation for youth education.

Find out about Robomart

Image: Which?

DIRTY LEMON

New York

Image: The New York Times

This Health beverage brand recently opened a checkout free store in Manhattan called Drug Store. The premise - that they put full trust in the customer allowing them grab a drink when they want, leave, and then pay later by text at a time that’s more convenient for them. Anyone can enter the store (no need for sophisticated scanning systems or membership). A 24-hour customer service team sends a link for users to enter their card details . It's an experiment of trust, and although the company has RFID tech tracking to monitor stock levels any losses are classified as ‘sampling costs’.

Explore Guido

Image: The New York Times

CHOICE MARKET

Denver

Image:Munchies Food Hall, VICE

Choice Market in Denver is bringing back the traditional small-format convenience store with technology-enabled convenience. The hybrid convenience-supermarket store allows customers to pick up basic necessities whilst also grabbing freshly-prepared meals for dinner. The store is open 24-hours and can order ahead of time for pick up, or even order online and have it delivered within the hour for a flat rate of $3.99 making payments seamless.

Find out more

Image: Munchies Food Hall, VICE

63%
NEARLY TWO-THIRDS OF CONSUMERS
EXPRESS INTEREST IN TAKE NOW PAY
LATER (EITHER BY TEXT OR IN
THE FORM OF A DIGITAL TAB).
I-AM (2019)
93%
OF CONSUMERS WOULD LIKE THEIR DELIVERY
PROVIDER TO OFFER RETURN COLLECTIONS
FROM HOME, AND 41% OF THEM WOULD
LIKE TO CHOOSE THETIME SLOT.
I-AM (2019)
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TAKEOUT

From speedy and easy payment solutions through digital transactions, to trusting the consumer with ‘buy now pay later’ arrangements, brands need to flex and adapt to changing consumer needs and lifestyles.