Insiders are holding and still own over 37% of the shares.2
Benchmark’s Equity Research Team Initiates Coverage On A2Z Smart Technologies Corp. With An $18.00 Price Target.1
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The next time you go grocery shopping, the only reason you might even pay attention to your cart is because of a bum wheel that is either stuck or keeps turning around and around as you push it up and down the aisles.
But given the pace of innovation lately, there’s a good chance that when you go grocery shopping later this year, you might notice your shopping cart has a touchscreen, a digital scale for weighing produce, and that it automates the checkout process for you.
In other words, your shopping cart is getting smarter, your time standing in the checkout line is getting shorter, and the time to research the companies making this possible is now.
You can check out the Cust2Mate Smart Cart Platform by clicking on video.6
*According to FinViz’s website, A2Z Smart Technologies insiders still own 37.99% of shares (as of 5/10/22).2
TipRanks.com, a company that ranks analysts and tracks their performance, rates Daniel L. Kurnos with 4.5 out of 5 Stars. 9
According to a report by Research & Markets, the global food & grocery retail market size is expected to reach USD 14.78 trillion by 2030.10
The total sales generated by grocery stores in the United States in 2021 were over $803 billion dollars–and shows no signs of slowing down…12
As big as the grocery market industry is across the world–there has only been a little buzz about advancements in this space until recently.
New technology is aiming to take the biggest pain out of grocery shopping.
Like waiting in the checkout line…
Do Not Waste Another Minute Of Your Life Standing In Line
Waiting in line at the grocery store–or any store for that matter is one of the most frustrating parts of the entire shopping trip.
You’d have to agree…
It sometimes feels like a nightmare when you’re standing in a checkout line and you are in a hurry, and the customers who are checking out in front of you seem like they have all the time in the world.
You pretend not to be mad. You look around to see if something could take your mind off of the rage building up inside of you as you suddenly catch a glimpse of the customer in front of you still looking for their wallet to pay the cashier.
You try to remain calm… but in your head, you start to question the intelligence level of the customers in front of you…
“How could they not be ready to pay?”
“Why is this person still looking for their wallet?”
The customer in front of you looks back at you and apologizes to you for the delay.
You smile and say, “No it’s okay. Take your time.”
The Wait is Over–Finally
A2Z Smart Technologies and Cust2Mate have developed a solution that may help streamline the $12 trillion grocery market.
Cust2Mate is the world’s first proven-in-use self-checkout (SCO) smart cart for retail markets.13
It leverages advanced, user-friendly technologies to streamline your shopping while boosting the efficiency of store management.13
Designed to keep you out of the line…
However, today’s systems are fragmented and cannot quickly convert any transaction from whatever payment source to accepted fiat. It’s not a big problem with smaller items under $100. It’s become quite the hassle with larger items like down payments or full payment for cars, houses, or boats.
This capability is not integrated into their payment systems. They have to leave their system and depending on what cry-pto their customer is using, the merchant has to use 3 to 5 other systems for conversions and uploads and downloads, and transfers. (11)
It’s not so much a regulatory issue either. The use of cry-pto is legal in the US, most of Europe and Canada, however It’s illegal to use cry-pto in China and a few other countries. (12)
AppTech’s platform on the other hand, has this capability integrated. One can pay in any acceptable form and converted on the fly to the currency of the sale.
How big is this?
According to the report, the Global Payment Gateway Market is expected to generate a revenue of $67.4 billion by 2028, growing exponentially at a CAGR of 16.6% during the forecast period (2021-2028). (13)
The smart cart can also notify you of special offers chosen by store managers.
When you select a product, Cust2Mate’s sophisticated computer vision system, with its touch screen and integrated scanner take over, acting as a mobile cash register.
Special cameras identify and scan the barcode of each item placed in the cart.
A built-in trade-legal scale calculates the price of sold-by-weight items.
The cart’s smart algorithm ensures that you can easily keep track of your purchases while protecting the store against fraud.13
Cust2Mate is so smart it can even identify and ignore personal items, or children if they’re placed in the cart.13
Cust2Mate was designed for ease of use and increased revenues.13
While its user-friendly graphic user interface makes shopping faster and more pleasant for you, it also delivers focused direct advertising that guides you to special store promotions and discounts.13
When you’re finished shopping, Cust2Mate’s onboard payment system eliminates the need to stand in check-out lines.13
Instead, the entire purchase is paid for right on the cart, so you can simply roll it out of the market and you’re done.13
How does that compare to standing in line and waiting for the customer in front of you to find the exact change?
Demand For Smart Carts Expected to Quadruple by 20261
Cust2Mate has taken a proactive approach to the anticipated demand for smart carts.
Cust2Mate recently announced that it has signed an agreement with Flex, a global diversified manufacturer, for the production of its Cust2Mate Smart Carts for the retail industry.14
Flex has facilities in 30 countries as well as state-of-the-art logistics, manufacturing, and supply chain capabilities.14
The intent of the partnership is to support A2Z in meeting the anticipated demand and improving delivery times to their customers worldwide.14
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A2Z is an Israeli high-tech company that specializes in developing technology products and providing services for police, military, and civilian use, with large customers such as Israel’s Defense Ministry, IDF, Israel Police, Israel Electric Corporation, and Israel Railways.
The company’s vision to develop groundbreaking technology solutions that enhance the individual’s daily life and penetrate international markets led to the development and production of its flagship product – the Cust2Mate smart shopping cart – which is proving to be an international success.
Cust2Mate is the world’s first proven-in-use self-checkout smart cart that just may streamline the $12 trillion grocery market.
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