Finland based local firm Uniqul
has recently developed and launched the world’s
first ever face recognition payment system, which can easily identify customers’ faces in order to help them to pay while purchasing anything via
online.
With this system a person, who is not having credit card, mobile phone
or other options, will still be able to purchase his desired things from online
retailers. This is a great addition for sure in the payment gateway module for
sure, and this proves how much the technological world is trending around the
globe.
A popular news based website of Finland reported that the company will
soon be deploying this innovative system in Helsinki, and currently it is
working hard to launch it as soon as possible. If this happen, then Helsinki
will eventually become the first city to have a face recognition payment
system.
The company confirmed that the system will be to cut down the overall
time spent by the users while making transactions after purchasing the
products. The firm claimed that it allows a user to complete a whole
transaction successfully within several mili-seconds. It will make the process
ultra fast and hustle free.
You must be wandering how this system will work right? Let me tell you
that it that it is going to be very easy indeed. While using this system
customers just need to click ‘OK’ on company’s tablet while purchasing or
paying for certain products of your choice. In the background the needed
biometrical information will be processed in order to locate the customer’s
dedicated account in the database of the company.
Uniqul is currently a Helsinki based company, and it assured that the
system is fully secured. It was using an advanced "military grade
algorithms" to ensure that the security of the designed system was "impeccable".
However, the customers need to pay a monthly basis subscription fee to
avail the advantages of this payment system. It is indeed the first of its
kind, and the recent technology trends are keep telling us there are more in
its carts in the days to come. What is next then? No idea!
Your thoughts
What are your thoughts on launch of world’s
first face recognition payment system? Will you use it if you are given a
chance? Please feel free to share your opinions with us. We would love to hear
about them.
Helsinki is not a country, it is a city which happens to be finlands capital
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