Shopic

Shopic is a technology company specializing in mobile checkout solutions for retail stores. Its core product, a Mobile Checkout platform, allows customers to scan and pay for items using their smartphones, creating a seamless and frictionless shopping experience. The platform includes CartWatch, an AI-based fraud detection system that identifies behavioral anomalies to reduce shrinkage. Shopic serves retail clients looking to modernize their in-store operations and improve customer experience. Operating in the retail technology market, Shopic's business model involves selling its software solutions to retailers, who then implement the technology in their stores. Revenue is generated through software licensing fees and potentially through additional services such as analytics and support. Shopic's advanced analytics provide retailers with insights to streamline operations and enhance promotional strategies, driving increased usage and larger basket sizes.

Keywords: mobile checkout, AI fraud detection, retail technology, frictionless shopping, in-store analytics, customer experience, operational efficiency, CartWatch, retail innovation, software licensing.