Cash registers have long been the cornerstone of physical retail checkout, revolutionizing the industry by automating sum calculations, streamlining transactions, and improving accuracy. Globally, cash registers became widely used by the late 20th century, although their history traces back to the 19th century at peak of the Industrial Revolution and mass consumption and production. Forward two centuries, the emergence of more advanced technologies necessitated a digital checkout transformation.

Lately, the Contactless Payment market has experienced a remarkable surge in adoption, capturing the interest of both retailers and consumers. This momentum can be attributed to its unparalleled advantages and ease of transactions compared to traditional card and PIN payments. The rapid digitization of the retail sector has propelled contactless payment to new heights, driven by a desire to minimize fixed costs and enhance accessibility for customers. The continuously growing popularity of digital payment alternatives is expected further to drive the expansion of the contactless payment market. Key factors fueling the widespread use of these systems include their symbiotic relationship with the digital wallet and banking industries, catering to increasingly time-sensitive consumers who constantly seek simpler methods of shopping. Additionally, the pandemic systematically changed the way retailers operated with an emphasis on touch-free shopping. Rising costs of manufacturing of kiosks components and labour scarcity forced retailers to adapt to new alternatives to remain optimally operational even under pressure from exogenous shocks.