Created by Alibaba subsidiary, Ant Financial, the facial recognition technology takes two seconds to scan a customer’s face.
It makes use of a 3D camera and “live-ness detection algorithm” to combat fraud. In addition, customers must also input their handphone number as a second form of authentication.
This new payment system is demonstrated in the video above.
It showsthe machine accurately recognizing the facial features of a young woman. The machine is smart enough to recognize her even as she puts on different appearances, which includes different makeup styles and wigs.
As we move towards cashless transactions, smile to pay might be the next big thing in a city near you.