WeChat opens its first unmanned store in Shanghai — ECNS — “Shoppers need to scan a QR code with their WeChat app to enter the store. Sensors at the exit detect the shopper’s selections and automatically charge their WeChat wallet when they go through a ‘payment door’… WeChat payment industry operations director Bai Zhenjie said it takes less than 0.1 seconds for a customer to pay a bill. He added that facial and image recognition technology may be adopted in the store in the future.”
- Copenhagen Business School lets students make payments with just their finger — no card or smartphone required
- Contactless payments are now used for half of all public transport journeys in London
- Samsung Pay to go live in South Africa in June
- Walmart files blockchain payments data storage patents
- Card networks to co-develop single buy button for online transactions