Pay by face is the fourth cashless payment revolution

Face-swiping payment is inevitably a general trend in the future. Our transportation, shopping, access control, security, and clocking at work, etc., almost all aspects of our lives can enjoy the convenience, smart life and enjoyment brought by face-swiping. When the development of business entrusts the mission of paying with the face, when consumers gradually recognize the habit of paying with the face, the first wave of dividends can be earned by those merchants and entrepreneurs who actively embrace changes!

The original intention of scientific and technological development is to serve the people, and to serve the people more quickly and conveniently is the mainstream melody of the current technological development. Take the supermarket checkout as an example. In the past, it used to be in line, waiting for the cashier to scan the product code one by one, and then pay the cash to checkout. This was not only slow in efficiency, but also the cashier also worked hard. Later, it evolved to swipe card and scan two. Dimension code. Although the efficiency has been improved many times, it still can't alleviate the trouble of queuing to pay. Until the opening of the unmanned checkout channel, the pressure on supermarkets to queue up for checkout was relieved.

Face recognition technology has sprouted and developed silently in the late 1990s. At present, it has gone through five historical stages: technology introduction, professional market introduction, technology improvement, technology application, and use in various industries. At present, the development of face recognition technology in our country has been relatively mature. It has been promoted by more and more companies to the field of security access control/entry control. With the continuous development and improvement of face recognition technology, it has been on campus. , Finance, community, transportation, face scan payment and many other industries, the scope of application is also expanding.

How can we serve consumers more quickly and improve the efficiency of checkout waiting? Paying with face recognition is a very effective method. In March of this year, WeChat Pay launched a face-scanning payment device "Frog". Aiming at the payment scenarios of offline shops, it tries to trigger the fourth cashless payment revolution after POS machines, NFC, and QR codes. Face-swiping payment, smart medical care, smart campus, restaurants, supermarkets, hotels, non-sense parking lots, solutions for various scenarios, software customization development, and payment equipment wholesale.

Why is WeChat Pay targeting offline mobile face payment? It is understood that statistics from the China Payment and Settlement Association show that since this year, face recognition has been widely used in mobile phone unlocking, identity verification, payment, etc., and has become a mainstream trend. At present, 85% of users are willing to use biometrics such as facial payment. Identification technology for payment.

The recognition rate of face payment is as high as 99.99%, and WeChat also stated that the fault tolerance rate is one in a million. It is very convenient for consumers to use it. When shopping offline in supermarkets or restaurants, they can pay by swiping their faces on the device, even eliminating the need for mobile phones. But the first time you use it, you need to enter your phone number to verify your identity.

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Origin blog.csdn.net/zydzwei/article/details/108441328