What's New in Payments

Chinese shopping street adopts face recognition payments

China’s first facial recognition payment-based shopping street opens in Wenzhou — ECNS — “A historical shopping street in Wenzhou City, Zhejiang Province, has become the first in China to extensively apply facial recognition in making payments… Mao Xinqin, director of the street’s administration, said facial recognition payments can improve efficiency during the peak season for tourism and shopping. Yang Peng, vice president of Ant Financial, said Alipay has upgraded the payment system using a 3D structured light camera and can ensure accuracy of 99.99%.”


What's New in Payments

7-Eleven to open unmanned convenience stores in Japan

7-Eleven opens trial store in Tokyo using facial recognition payment system — The Mainichi — “Convenience store giant Seven-Eleven Japan Co launched a trial 7-Eleven store with a self-checkout system using facial recognition technology here on Dec 17 as it aims to promote labour-saving measures and introduce cashless payments amid concerns of labour shortages… Seven-Eleven Japan Co plans to install the system at small-scale 7-Eleven outlets, such as those inside office buildings, making it the first convenience store chain of its kind in Japan.”


What's New in Payments

Alipay offers POS terminals that combine face recognition with QR payments

Alipay Box to utilize facial recognition tech for payments — Shine — “Alibaba’s financial and payment affiliate Ant Financial has released smart payment hardware called Alipay Box, integrating barcode scanning and facial recognition features… The plug-and-play device, which is smaller than a traditional self-service point of sale (POS) machine, does not require an overhaul of the merchants’ existing enterprise resource planning (ERP) system.”






What's New in Payments

Korean retailer pilots unmanned convenience store that uses face recognition for entry and payments

GS25 brings facial recognition to new shop — Korea JoongAng Daily — “Most convenience stores without a human cashier use barcodes to identify the products. GS25’s new system instead identifies an item by its packaging and weight. This allows customers to simply place items on the table before paying using facial recognition or a credit card. The company says it takes only about a second for the system to recognize five items at once, whereas with the conventional barcode system it would take 15 seconds to scan them one by one.”


Tencent uses face recognition to verify the age of mobile game players

Honour of Kings uses facial recognition to check ages — BBC — “The mobile app resembles League of Legends and pits players against each other in multiplayer online battles set in a fantasy world. Under pressure from local regulators, Tencent introduced restrictions in July 2017 to limit under-12s to one hour of gameplay a day and 13- to 18-year-olds to a maximum of two hours. Last month, the company added a real-name registration system to encourage players to keep to the rules.”


Transit Ticketing Today

Beijing to pilot face recognition payments at railway ticketing barriers

Facial recognition ticket gates to be introduced this year — Metro Report International — “The gates offer two operating modes. In the first, a passenger’s photo is stored on a physical ticket, and when the passenger touches in at the ticket gate this photo is compared with a live image… In the other mode, a live image is compared with a photo previously uploaded to a database, so no physical ticket is needed. This offers operators the ability to block specified people from entering the network.”


What's New in Payments

Paytm to test face verification for payments in stores?

Paytm is testing face recognition tool for payments — Economic Times — “Paytm has begun testing a facial recognition tool that can unlock its payments application on a customer’s smartphone, company executives said. It also plans to extend this feature to allow customers to pay at merchant outlets with the blink of an eye… Paytm is testing the facial recognition feature on Google’s Android platform, and according to sources, will shortly roll it out through an app update. Offline payments through face recognition, however, would take longer, they said.”


What's New in Payments

OP Financial tests face recognition for payments in stores

OP Financial Group first in Finland to pilot facial recognition payments — OP Financial Group — “The technology compares the customer’s face to a face map captured on camera. After the customer’s face has been identified, the payment itself is simple: no mobile phone, payment card, cash or other traditional payment method will be needed.”



What's New in Payments

Major League Baseball stadiums to introduce biometric payments and ticketing

No more tickets? MLB fans will soon use fingerprints, facial recognition instead — Fox Business — “A tap of the finger will soon replace traditional tickets at baseball stadiums across the country… A pilot program will arrive at select venues later this season… The platform will expand to point-of-sale systems and possibly more teams… Fans will be able to pay for food and validate their age for alcohol purchases using their fingerprint.”


Marriott to let Chinese guests use face recognition to check in to its hotels

Joint venture of Alibaba Group and Marriott International trials facial recognition check-in technology — Marriott International — “The pilot will kick off from July 2018 at two Marriott International properties in China — Hangzhou Marriott Hotel Qianjiang and Sanya Marriott Hotel Dadonghai Bay, with the goal of global rollout across Marriott International’s properties in the future… Chinese guests simply need to scan their IDs, take a photo and input contact details on a self-help machine. The intelligent device will then dispense room key cards after identities and booking information are verified.”



Chinese university pilots face recognition for campus access control

Peking University installs facial recognition system for students and staff on campus gate — South China Morning Post — “Anyone going through the southwestern gate of prestigious Peking University can now have their face scanned by a camera instead of showing their ID card to security guards under a trial run of the system that started on Wednesday… It is not the university’s first use of the technology on campus — it has already installed about two dozen facial recognition devices outside some of its libraries, classrooms, student dormitories, gymnasiums and computer centres.”


What's New in Payments

BBVA tests face recognition payments

BBVA launches facial recognition payments — BBVA — “Customers in the bank’s restaurants simply have to smile (or not, depending on their mood) at a camera booth next to the cash registers, and provided they have registered, the system identifies them and automatically bills the customer for the purchase… Colleagues can also use the dedicated Selfie & Go app to order their drinks ahead, with the system automatically charging the customer when they collect.”


Transit Ticketing Today

Beijing metro looks to biometrics to speed up payments at turnstiles

Beijing subways to get bio-ID system — China Daily — “Two bio-recognition technologies — facial recognition and palm touch — are being considered, said Zhang Huabing, head of enterprise development for Beijing Subway… Facial recognition technology can track passenger movements with cameras connected to online networks that recognize people when they enter a station, potentially allowing them to bypass traditional ticketing.”