|
|
|
|
|
|
| Tracxpoint transforms a simple cart locking device, into a Powerful, Intelligent System, with Data Connectivity, Location Services, Personalization and more. |
HAIFA, Israel, July 19, 2022 - (ACN Newswire) - In a new 'twist' on the traditional "Coin-Operated Trolley Lock", used by supermarkets around the globe, Tracxpoint has now developed the T-Loc(R), an Intelligent Locking Device for standard shopping trolleys, that is more secure and 100% connected to supermarket data systems.
 | | Tracxpoint's T-Loc(R) and CHECXiN(R) Terminal with connected shopping trolleys. |
 | | Single Tracxpoint T-Loc(R) attache to a trolley. |
"With the rollout of our Daivi(R) Smart Cart and CHECXiN(R) Cart Management products, we received many inquiries from budget-conscious grocers about the possibility of 'getting their feet wet' with a less robust solution. Several retailers were already using coin-operated locks, so our Engineers decided to 're-imagine' this type of security device to connect with our AI-Driven ecosystem." said, Gidon Moshkovitz, Chief Strategy Officer of Tracxpoint. "T-Loc(R) may appear as a simple chain-locking mechanism, but the data and insight it provides to store operators is exceptionally valuable and unmatched."
The T-Loc(R) can be unlocked by scanning a QR Code printed on the main housing using the stores' Rewards/Loyalty mobile app, or by the traditional use of inserting a coin for guest shoppers. Once unlocked, the device begins sending data to store servers; such as the location of the trolley, and duration of a shoppers' visit, which combines to generate daily store Heat Maps, providing managers with great insight into customer movement and store layout analytics.
With the ability for T-Loc(R) to broadcast its coordinates, locating abandoned trolleys outside of the store or retrieving a 'remote count' of trolleys in-or-near a return kiosk is as easy as turning on the Television. Aside from the built-in WAY(R) Indoor Positioning System, T-Loc(R) also broadcasts a unique signal to area CHECXiN(R) terminals, to not only identify its proximity, but via daisy-chain connectivity, the proximity of other trolleys that may be too far away to directly connect with the CHECXiN(R) terminal; effectively reducing theft or loss.
Anti-theft and General Analytics are not the only features of the T-Loc(R). Like the Daivi(R) Smart Cart, shoppers using a stores' mobile app may earn rewards for safely returning and re-locking the trolley, while also receiving personalized and location-based coupons during their shopping journey. Coupons may be accessed within the store's mobile app itself and scanned at checkout. No personally identifiable data is ever collected or shared.
With less required infrastructure and easy installation, Tracxpoint's T-Loc(R) intelligent locking device provides grocery retailers with a solid foundation to begin generating customer data and insights to refine operation, while securing the fleet, at minimal cost.
Tracxpoint is set to deploy the AI-Driven T-Loc(R) units, in Q4, 2022.
Additional details may be found on the Tracxpoint website https://tracxpoint.com/products-and-systems/t-loc/
About Tracxpoint
Tracxpoint is a leading global provider of next-generation grocery and retail self-checkout solutions, and the inventor of the Daivi(R) Artificial Intelligent Shopping companion, which is the world's first, and only, AI-Computer Vision smart cart that can see and recognize products as well as the human eye. Established in 2016, Tracxpoint is headquartered in Coral Gables, Florida, USA with R&D/Sales Offices in Haifa, Israel. For more information about the company, leadership, and products, please visit https://tracxpoint.com.
CONTACT:
scott ilg
Marketing & Communications
+1 (786) 383-2553
scott.ilg@tracxpoint.com
SOURCE: Tracxpoint, LLC
Topic: Press release summary
Source: Tracxpoint, LLC
Sectors: Media & Marketing, Retail & eCommerce, Enterprise IT, Wireless, Apps, Digitalization, Artificial Intel [AI]
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| |
Latest Press Releases
Business of IP Asia (BIP Asia) Forum and Entrepreneur Day open today
Dec 5, 2025 15:41 HKT/SGT
|
|
|
Doubleview Extends High-Grade Domains at Hat: H099 Returns 438m of 0.40% CuEq Including 52m of 1.02% CuEq, Expanding Mineralization Envelope Around Conceptual Pit Vertically and Laterally
Dec 4, 2025 21:59 HKT/SGT
|
|
|
CaoCao Unveils '100 Cities, 100 Billion in 10 Years' Robotaxi Strategy, Officially Launches World's First 'Green Intelligent Mobility Hub'
Dec 4, 2025 21:00 HKT/SGT
|
|
|
The Gourmet's Guide: Using Your TravelKon eSIM to Hunt for Japan's Best Ramen, Sushi, and Street Food
Dec 4, 2025 17:45 HKT/SGT
|
|
|
Spritzer Celebrates Global and Regional Brand Excellence 2025
Dec 4, 2025 12:45 HKT/SGT
|
|
|
Oman's 10-Year Golden Residency Program Attracts Global Investors Seeking Stability and Long-Term Access
Dec 4, 2025 07:00 HKT/SGT
|
|
|
OMP's AI-driven Unison Planning(TM) Platform Enhances Supply Chain Agility for McCormick & Co.
Dec 3, 2025 22:00 HKT/SGT
|
|
|
The 26th Hong Kong Forum marks successful completion
Wednesday, December 3, 2025 9:44:00 PM
|
|
|
DesignInspire opens today, showcasing over 260 local and global design brands 
Dec 3, 2025 20:52 HKT/SGT
|
|
|
Focus Graphite Appoints Renowned Battery Executive Dr. Sunho Kang as Strategic Advisor for Cell Technology
Dec 3, 2025 18:09 HKT/SGT
|
|
|
|
|
More Press release >> |
|
|
|
