PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

COVID-19 Jump Starts the Robot Invasion (Or at Least It Should)

By Tim Sloane
April 13, 2020
in Analysts Coverage, Emerging Payments, Merchant, Payment Automation
0
2
SHARES
0
VIEWS
Share on LinkedIn

With coronavirus, everyone is now aware of the contact transmission danger and businesses are challenged to operate processes that involve multiple people working in close proximity. So it’s no surprise that businesses are stepping up their focus on automation, which includes robots and Robotic Process Automation:

“ ’Pre-pandemic, people might have thought we were automating too much,’ said Richard Pak, a professor at Clemson University who researches the psychological factors around automation. ‘This event is going to push people to think what more should be automated.’

The grocery industry is leaning more on automation to free up employees to deal with the crush of demand during the pandemic.

Brain Corp, a San Diego company that makes software used in automated floor cleaners, said retailers were using the cleaners 13% more than they were just two months ago. The “autonomous floor care robots” are doing about 8,000 hours of daily work “that otherwise would have been done by an essential worker,” the company said.

At supermarkets like Giant Eagle, robots are freeing up employees who previously spent time taking inventory to focus on disinfecting and sanitizing surfaces and processing deliveries to keep shelves stocked.

Retailers insist the robots are augmenting the work of employees, not replacing them. But as the panic buying ebbs and sales decline in the recession that is expected to follow, companies that reassigned workers during the crisis may no longer have a need for them.

The role of a cashier is also changing. For many years, retailers have provided self-checkout kiosks. But those machines often require intervention by workers to help shoppers navigate the often fickle and frustrating technology.

The pandemic is prompting some stores to adopt even more aggressive “contactless” options. From farm stands to butchers, merchants are asking customers whenever possible to use mobile payment services like PayPal or Venmo. Banking regulators in Europe last week increased the amount of money that shoppers can pay through their mobile devices, while reducing some authentication requirements.

While fully automated stores, such as Amazon Go, might have seemed like a technological curiosity a few months ago, they are likely to become a more viable option for retailers.

“No one would probably have thought of a cashier’s job as being dangerous until now,” Pak said.

Mark Muro, a senior fellow at the Brookings Institution who studies labor markets, said that with companies hurting for cash, the pressure to replace humans with machines becomes even more intense.”

Overview provided by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group.

For the original article quoted in this coverage, please click here.

2
SHARES
0
VIEWS
Share on LinkedIn
Tags: AutomationCoronavirusRetailers

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    payment authentication

    Developing Digital Trust Hinges on Unifying Authentication Methods

    September 30, 2026
    cross-border payments

    Banks Built Cross-Border Payments—Fintechs Are Rewriting Them

    September 29, 2026
    Real-Time Cross-Border Dollar and Euro Payments Take Shape,cross-border payment processing, cross-border banking and payments

    Small Businesses Weigh Their Options in Cross-Border Payments

    September 28, 2026
    risk management

    Embedding Risk at Every Stage of the Payment

    September 25, 2026
    physical payment cards, mobile banking technology

    Physical Cards Reimagined—More Than a Payment Tool

    September 24, 2026
    agentic commerce

    Delegation with Limits: What Merchants Want from Agentic Commerce

    September 23, 2026
    AI in payment collections

    From Data to Action: How Automated Intelligence Is Changing Collections

    September 22, 2026
    circle stablecoin, checkless checking accounts

    As Prepaid Fraud Evolves, So Do the Rules

    September 21, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2026 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result