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Amazon Pulls the Plug on Palm Payments | Fast Five Shorts
Published 1 month, 4 weeks ago
Description
This OmniTalk Retail Fast Five segment, sponsored by the A&M Consumer and Retail Group, Mirakl, Ocampo Capital, Infios, Quorso, and Veloq, breaks down Amazon’s decision to shut down its palm payment technology and close select Amazon Fresh stores.
Chris Walton and Anne Mezzenga, joined by A&M’s Ken Cochran and Jon Malankar, debate why biometric payments failed to gain traction, whether consumers were ever ready for palm-based checkout, and what Amazon’s renewed focus on Whole Foods signals about the future of grocery retail.
⏩ Tune in for the full episode here: https://youtu.be/zqyHBYoL9N4
#Amazon #RetailTech #BiometricPayments #AmazonFresh #WholeFoods #CheckoutTechnology #RetailInnovation #RetailStrategy #GroceryRetail #OmniTalk