business news in context, analysis with attitude

TechCrunch reports that San Francisco-based cooperative grocery store Rainbow Grocery is using Selfycart, described as "a self-checkout startup" that helps customers avoid waiting on line at the store.

According to the story, customers "can use the Selfycart app to scan your items, pay for the items and then leave the store without needing to wait in a line or interact with anyone, unless you want to. Before leaving the store, an associate can check your QR code to confirm that you paid."

The story goes on to say that "Selfycart’s business model entails an annual subscription of $19,800, paid in monthly installments, to use its platform and access its analytics dashboard. For shoppers, they pay 2 percent per transaction, but Selfycart will remove it if it turns out to deter app adoption."
KC's View: