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CAV's Payment

CAV’s loyal customers will use their faces to make a payment.

Problem on the market

As the ultimate contactless service, the unattended market had been adapting to cashless trends well before the pandemic struck, and it continues to upgrade its offerings to suit a wider range of industries.

Often, however, the pain point for Automated retail operators currently, there is no all-in-one solution that is capable of verifying age, authenticating documents and accepting payments.

Additional equipment required
Limited payment methods
High commission, more than 2.8% from each transaction
Heavy and incomprehensible setup interface for the end-user

What is the value CAV offers?

CAV provides more value to customers through Age Verifier with a built-in payment system

Consumers today expect to enjoy the latest innovations and best-in-class customer experiences. These shoppers believe that self-service is a time-saver, and they also view cashless and contactless as faster and more seamless ways to pay – a fact which is reflected in the recent consumer demand for a wider variety of APMs. Customers now expect even more options to pay for their goods and services, from QR codes, to in-app payments and more.

No additional hardware required
Commission does not exceed 2% per transaction
Doesn't required for additional configuration
Possibility to pay by card, phone, QR or face.
Ability to remotely book and pay for the product
Installment purchase option for loyal customers

Age Verifier including contactless payment technologies

Contactless payment options

Banking cards, Apple pay, Google pay
Scan QR code and pay
Blockchain wallet payments
Pay using face

Competitors

There are a lot of great competitors, but none of them have seamless physical age verification.

Cashless payment
Cashless payment
Card readers
Cashless Payment in Vending
Cashless VendingMachine

Total addressable market in (USA)

The global unattended retail market is predicted to grow to a value of $46 billion by 2027 at a CAGR of nearly 7 percent between 2020 and 2027.

Additionally

Сontactless sales increased steadily each month throughout 2020 and into 2021. Starting in Jan 2020, 18% of cashless transactions were contactless. By Oct 2021, contactless transactions had increased to 43% of total cashless trasactions overall.

Payment methods trends

January 2020–October 2021
–11%
49% to 38%
cash transactions
+11%
51% to 61%
cashless transactions

The potential addressable market is $129.4B

2M+
Total unattended retail solutions in US
649K · 31.2%
Drinks & Snacks
52K · 3%
Other products
21K · 1%
Tobacco
Unattended retail solutions that can be equipped with Age / ID verification
52K · 8%
Alcohol
12.5K · 20%
CBD
10.4K · 50%
Tobacco
130K
Age verifier

130K

Quantity of current unattended retail solutions that can be equipped with Age Verifier

$9,000

One automated retail station generates monthly selling age restricted goods

$90

CAV’s monthly revenue from 1% payment fee

CAV's payment roadmap

All-in-one solution will be the best in value of features for automated retailers, and convenient as never before for users.

December 2022 – March 2023
Search for a strategic partner for payment system integration
Signing an agreement for the development of an integrated payment system
April – October 2023
Preparing device and cloud infrastructure for payment feature integration
Selection and implementation of new components in the device for the payment function
November – March 2023/2024
Implementing the developments in to the solution
Testing CAV’s pay
May - September 2024
Licensing payment feature and hardware
October - December 2024
CAV’s pay is available for market

Business Model

HeSaaS business model
Fee from sales + Hardware
Lock-in effect
Hardware enable SaaS
Payment service plan
Monthly subscription fee
$10
Fee from transaction
2%
Hardware cost
1–10 units
$2,499
11–50
$2,199
51–100
$1,999
101+
$1,699

Revenue and profit

Projection of devices in operation in 2023-2030 at every point of sale
Such as self-checkouts, pick-up points, vending machines, ticket counters, grocery entrances and many others

$72K

Total revenue
Monthly fee
Fee from sales

$61K

Total profit
Monthly fee
Fee from sales

$216K

Total revenue
Monthly fee
Fee from sales

$183K

Total profit
Monthly fee
Fee from sales

$720K

Total revenue
Monthly fee
Fee from sales

$612K

Total profit
Monthly fee
Fee from sales

$1.7M

Total revenue
Monthly fee
Fee from sales

$1.4M

Total profit
Monthly fee
Fee from sales

$3.1M

Total revenue
Monthly fee
Fee from sales

$2.65M

Total profit
Monthly fee
Fee from sales

$6.7M

Total revenue
Monthly fee
Fee from sales

$5.7M

Total profit
Monthly fee
Fee from sales

$10.5M

Total revenue
Monthly fee
Fee from sales

$8.9M

Total profit
Monthly fee
Fee from sales

$14.4M

Total revenue
Monthly fee
Fee from sales

$12.2M

Total profit
Monthly fee
Fee from sales

That's not all

This device opens up the possibility to make SaaS platform to monitor cloud-based sales reports, inventory tracking, and advertising campaign creation and management.

Software as a Service

Let’s get in touch!

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