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PayPal to Launch Face Verification Payment

PayPal to Launch Face Verification Payment

Posted by admin on Dec 10, 2013 11:51:30 AM

PayPal is now testing face verification for mobile-payment transactions.

The ecommerce company’s app has a tab labeled “Local,” which helps users find nearby stores and restaurants that accept mobile PayPal payments.

Once customers check in to a venue online, their name and photo appear on the store’s PayPal app. Shoppers can then use the app to pay for items (cashiers complete the transaction by clicking on their profile pic).

“We’re pleased to help local businesses of all sizes offer a new more personal experience, while never having to turn away customers who don’t have enough cash on them to pay,” Rob Harper, head of retail services at PayPal, said in a release.

What’s more, the app could act as a preventative measure against identity theft.

Select businesses in London began testing PayPal’s face-verification feature and app earlier this month.

What do you think of making payments with your photo? Would you find it useful?

Topics: Cashless Payments, Face Verification Payment, Facial Recognition, Payment on Mobile, paypal, Retail Apps, Retail Technology, Technology