"Paying with your face—what will convince consumers to use facial recognition payment technology? "

Posted under: Online Security
Date: 2024-09-09
"Paying with your face—what will convince consumers to use facial recognition payment technology? "

Approximately one-third of China's population, or 495 million buyers, will have used Facial recognition payment technology (FRPT) in 2021. Financial organizations, including Japan's NEC Corporation and JPMorgan Chase, intend to introduce FRPT in 2025. However, will consumers in Australia and New Zealand accept the technology so quickly? Although face recognition is not new, FRPT is expanding rapidly.

Read more at: theprint.in