Monday 9 September 2013

PayPal pilots face verification for mobile payments in London

From Mobile Payments Today

“The phrase "put your money where your mouth is" may have a new meaning for London shoppers. Under a new pilot program, a dozen merchants in the borough of Richmond upon Thames, just west of London, have signed on to operate a payment system that lets customers make mobile purchases with their PayPal accounts by using their own faces as verification.

The facial-recognition and verification app is available for iOS, Android and Windows Phone.

The app will highlight nearby participating merchants on a shopper's mobile phone, and then let him or her check into a store by clicking on its name. Goods or services can be paid for by sliding an animated pin down the screen, after which the person's name and photograph show up on the store's payment system. The cashier then clicks on the customer's photo to send the payment through.”

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