AI in the wild: Mashgin reports surge in adoption of its checkout technology across multiple sectors and locations

Mashgin reports that its AI powered checkouts have processed over one billion transactions since the inception of the company.

Over 3,000 convenience stores, 150 sports venues, 50 airports, 50 college campuses, 30 cafes at ski resorts, and 100 hospitals now use its technology.

During the past three years, the company has seen growth in both location count and transaction volume, increasing monthly transactions by 1,233% – from three million transactions in March 2022 to 40 million in March 2025. In the calendar year 2024, Mashgin processed over 440 million transactions.

“I’m honoured to work on a system with this kind of impact on the world," says Abhinai Srivastava, CEO and Co-founder at Mashgin. “Time is precious, and whether it’s getting back to the ballgame, ski lift, or just home to your family a little faster - giving it back means a lot.”

Mashgin calculates it has saved customers over 2,000 years of standing in line when compared to traditional checkout throughput in stadiums, resorts, cafes, and convenience stores around the world.

"Reaching one billion transactions isn't just a number; it reflects the immense trust our clients placed in us and the clear demand for a faster and smoother checkout experience.” says Mukul Dhankhar, CTO and Co-founder at Mashgin. “What was once a luxury is quickly becoming a fundamental expectation, and we're proud to play a role in helping multiple industries deliver the experience their customers want."

RTIH AI in Retail Awards

RTIH, organiser of the industry leading RTIH Innovation Awards, proudly brings you the first edition of the RTIH AI in Retail Awards, which is now open for entries. 

As we witness a digital transformation revolution across all channels, AI tools are reshaping the omnichannel game, from personalising customer experiences to optimising inventory, uncovering insights into consumer behaviour, and enhancing the human element of retailers' businesses.

With 2025 set to be the year when AI and especially gen AI shake off the ‘heavily hyped’ tag and become embedded in retail business processes, our newly launched awards celebrate global technology innovation in a fast moving omnichannel world and the resulting benefits for retailers, shoppers and employees.

Our 2025 winners will be those companies who not only recognise the potential of AI, but also make it usable in everyday work - resulting in more efficiency and innovation in all areas.

Winners will be announced at an evening event at The Barbican in Central London on Wednesday, 3rd September.

This will kick off with a drinks reception in the stunning Conservatory, followed by a three course meal, and awards ceremony in the Garden Room.

Please email our Editor, Scott Thompson, if you have any questions or need further information: scott.thompson@retailtechinnovationhub.com

Key 2025 dates

Friday, 18th July: Award entry deadline 

Tuesday, 22nd July: 2025 finalists revealed

Wednesday, 23rd July - Friday, 8th August: Judging days

Wednesday, 3rd September: Winners announced at the 2025 RTIH AI in Retail Awards Ceremony, to be held at The Barbican in Central London.