Finnish firm launches payment system with face recognition

Helsinki, July 20 (IANS) Finnish company Uniqul has developed the world's first payment system which recognises customers' faces and helps them pay without having a wallet, credit card or mobile phone.

The company is getting ready for deployment of the system in Helsinki, news website goodnewsfinland.com reported.

The company said its patent pending technology allows to reduce time spent on transactions close to zero seconds.

Customers using the system need only click "OK" on the company's tablet when shopping or paying for products. In the background, biometrical data is processed to find the customers' account in the company's database.

The Helsinki-based company said it was using "military grade algorithms" to make sure that the security of its system was "impeccable".

The system requires customers to pay a monthly subscription fee.

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.

Matches

  • No live matches are in progress.
    • Team flag for South Africa vs. Team flag for New ZealandNZSA
      2nd Test
      Sat, Aug 27, 2016
      Sat, Aug 27, 2016
      Centurion, South Africa
      New Zealand in South Afric...
    • Team flag for England vs. Team flag for PakistanPAKENG
      2nd ODI
      Sat, Aug 27, 2016
      Sat, Aug 27, 2016
      London, England
      Pakistan in England ODI Se...
    • Team flag for West Indies vs. Team flag for IndiaINDWI
      1st T20I
      Sat, Aug 27, 2016
      Sat, Aug 27, 2016
      Lauderhill, Florida, Usa
      India vs West Indies T20 S...