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 05-Sep-19, Asia Times 

China’s mobile payment infrastructure is one of the most advanced in the world, but the new systems – which require only face recognition – being rolled out nationwide could make even QR codes seem old-fashioned.

Chinese shoppers embrace facial payments (c)Asia Times

Image: <Asia Times>

Customers simply make a purchase by posing in front of point-of-sale machines equipped with cameras, after linking an image of their face to a digital payment system or bank account.

The software is already widely used, often to monitor citizens – it has been credited with nabbing jaywalkers and catching criminals.

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 Financial & Business Services insights 

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