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    AAPL   US0378331005


Delayed Nasdaq  -  04:00 2022-08-05 pm EDT
165.35 USD   -0.14%
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Apple : Flying Tiger Copenhagen and MUJI deploy App Clips in conjunction MishiPay's mobile 'self-checkout' solution

04/13/2021 | 11:19am EDT

London, UK -- Leading retailers Flying Tiger Copenhagen and MUJI today announced they are launching App Clips alongside MishiPay's mobile self-checkout solution.

MishiPay's 'Scan & Go' technology enables in-store shoppers to use their own phone to scan and pay for their shopping, eliminating the need for them to waste time waiting in line at a checkout. Now, in order to create an even more streamlined consumer experience, Flying Tiger Copenhagen and MUJI have partnered with MishiPay to become amongst the first retailers in Europe to bring App Clips with Apple Pay to iPhone customers.

Customers in MUJI stores in the UK, and selected Flying Tiger Copenhagen stores across Denmark and Sweden can now use App Clips to launch MishiPay.

App Clips are a way for iPhone users to quickly access and experience a small part of an app and App Clips Codes are visually distinct codes that users can tap or scan to quickly access the experience. Each App Clip Code is encoded with a URL and can support NFC tagging.

*(App Clip Codes require iOS 14.3 or later.)

When shopping in-store, holding the iPhone near the App Clips Code in-store launches the MishiPay App Clip which enables a customer to checkout with Apple Pay without the need to download the full app - perfect for shoppers who are in a hurry. If a customer already has the MishiPay app installed on their device, they can hold their iPhone next to the App Clip Code to immediately launch the app, enabling them to scan items and checkout at 'warp speed'.

Revitalising in-store experience with a faster, safer shopper journey:

The global pandemic has accelerated the adoption of mobile-based checkout solutions. By eliminating the need for shoppers to touch any in-store hardware and simultaneously avoid needing to wait in any lines in the store, MishiPay's innovative mobile self-checkout system can help to keep both shoppers and staff safer. Deploying App Clips enables even quicker user adoption, eliminating the need to wait for the app to download.

Mustafa Khanwala, MishiPay's Founder & CEO, said: "MishiPay has started a High Street revolution and with App Clips, Apple is facilitating easy adoption of our technology so that we can create an exciting and irreversible future for in-store shopping."

For more information on App Clips, visit: https://support.apple.com/en-gb/guide/iphone/iphb3a73ec53/ios

For more information on Apple Pay, visit: https://www.apple.com/apple-pay/

About MishiPay

MishiPay brings the best of the online checkout experience to physical stores, giving shoppers the ability to scan and pay for their shopping using their mobile phones.

Founded in 2015, MishiPay has grown quickly and now serves its Scan & Go technology to some of the largest retailers in the world, deployed in 100s of stores, across 14 countries.

Thanks to the skills of their technical team and their carefully curated list of partners, MishiPay are able to integrate quickly and cost-effectively into retailers' existing systems without the need for any additional hardware, making it possible for both shops and shoppers to benefit from the best of the online and in-store worlds.



(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2022 393 B - -
Net income 2022 99 549 M - -
Net cash 2022 56 181 M - -
P/E ratio 2022 27,1x
Yield 2022 0,55%
Capitalization 2 657 B 2 657 B -
EV / Sales 2022 6,63x
EV / Sales 2023 6,26x
Nbr of Employees 154 000
Free-Float 99,9%
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Income Statement Evolution
Mean consensus BUY
Number of Analysts 45
Last Close Price 165,35 $
Average target price 179,85 $
Spread / Average Target 8,77%
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Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
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