The threshold is further lowered and face payment may show explosive growth in the future. Judging from the current leaked data, facial and fingerprint payments account for up to 60%, which has become a mainstream method. Because face payment is more convenient than password payment and other methods, with the further reduction of the technical threshold, face payment may show explosive growth in the next three years. Because the face payment can meet the needs of different people and has a wide range of application scenarios, it will be further popularized in the future.
Regarding the security of face-swiping payment, Alipay officials also stated that they have monitored face-swiping through the combination of software and hardware, as well as intelligent algorithms and systems. The recognition rate of Dragonfly's face-swiping payment reached 99.99%, which is very similar. There is no need for two people to worry about the confusion of facial recognition, and the merchant does not store facial photo information for the recognized facial information, and privacy is guaranteed. It can be seen that the security of facial recognition is guaranteed.
When we fall asleep, our face will not be brushed. People will inevitably have a rest while sleeping. Then when we are sleeping, some people use their own face to complete the stolen brushing. It is definitely not possible. When we sleep, we are in a state of closing our eyes and our faces. The recognition system judges that the payment cannot be made based on the person's dynamic expression and behavior, which means that even if we are sleeping and resting, it will not be used by people to generate fraud.
Nowadays, the beauty industry is developed, so makeup and plastic surgery will not affect my face payment. For people who make up, face recognition has no effect at all. For people with integers, face recognition can also find the original you through various details. Face-swiping payment, smart medical care, smart campus, smart bank, catering, supermarket, hotel, non-sense parking lot, various scene solutions, software customization development, payment equipment wholesale, please Baidu "Zhangyou Electronic Wei" for details
In this strong subsidy promotion, Alipay can replicate the myth of the era of code scanning. Alipay will continue to promote facial payment through service providers, including 3 billion yuan to encourage merchants to use facial payment for digital operations. In March 2018, in order to standardize QR code payments, the central bank imposed a limit on offline static QR code payments. If the limit is exceeded, additional verification methods will be required.
At present, Alipay also has a limit for face-swiping payment, which implements the same requirements as scanning code payment. In addition, it will report to the regulatory authority for communication. An interesting phenomenon is that, unlike the current aggregate payment agents that are compatible with multiple payment channels such as Alipay, WeChat Pay, and UnionPay, Dragonfly's face-swiping payment device is currently only available to Alipay users. At the same time, WeChat Pay recently launched the "Frog", a facial payment product.