Tuesday, March 17, 2015

Alibaba, payments with facial recognition system: the new … – The Huffington Post

The new frontier of mobile payment comes from China. And needless to say, is the work of Jack Ma, founder of Alibaba, private Chinese company based in Hangzhou active in the field of electronic commerce. The magnate fact is studying a facial recognition software that allows you to pay purchases only looking at one screen.

“Smile to Pay”, according to CNBC, the service will be called, in order to emphasize that it will be easy to pay how to take a Selfie. Just what did Jack Ma to the presentation of the device, when in front of the audience at the Cebit, a major international conference on technology which is held annually in Hanover, showed a beta version of the device. He pointed towards you smartphone screen and through a facial recognition system made the payment.

A number of technology companies including Apple, Google and Samsung, are trying to solve problems with the mobile payment. Most of the options currently available are mobile or wearable devices, with clients that need to be in possession of a gadget near the recorder of a dealer to complete transactions. That Alibaba could be a revolution: the giant is testing several measures to improve the security of its system, including the use of a phrase triggers or scan some sign of recognition of the body of a single buyer, as a tattoo. There is still no release date for the service.

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