News > Capital Markets, FinTech

Report: Microsoft, Walmart Collaborate on Checkout-Free Retail Technology

By BenZinga
Capital Markets, FinTech

Walmart Inc (NYSE: WMT) could soon compete with Amazon.com, Inc. (NASDAQ: AMZN)’s cashierless Amazon Go stores with the help of Microsoft Corporation (NASDAQ: MSFT), according to Reuters.

What Happened

Amazon’s checkout-free Amazon Go retail stores may become the new shopping norm, as Microsoft is working on developing a similar technology, according to a Reuters report that cited six people familiar with the development. Microsoft’s technology …

Read the full story at Benzinga.

Photo: Getty iStock

Subscribe to our Newsletter

Be one of the first to experience the future of financial services