Behind the sudden emergence of facial payment is the result of the combination of new artificial intelligence technologies such as domestic facial recognition functions and a complete hardware foundation, communication foundation and data foundation. With the large-scale commercialization of 5G this year, 5G will inevitably provide more application possibilities for it, making face payment and collaboration innovation in different platforms, enterprises, and scenarios more complete. It is foreseeable that it will only be a matter of time before the face-scanning payment is put into more application scenarios.
You can pay at a glance. Face-to-face payment has become popular. It has been jokingly said that high-speed rail, shared bicycles, scan code payment, and online shopping are the four new inventions of China in the world. Convenience is the key factor for why it became the new four great inventions. However, the fact that face-to-face payment was extremely popular in 2019 and evolved into a new outlet is still due to convenience. 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
Compared with today's more popular payment methods, the convenience of brushing your face is significantly higher. There is no need to enter a password or even to carry a mobile phone. A glance at the payment greatly improves the efficiency and security of payment. This ultra-simple payment method meets the simple requirements of modern consumers. Alipay once shared a set of data. 7-Eleven convenience stores had previously connected to face-to-face payment, and within one month of going online, the proportion of users who used it exceeded the situation in the six months before scan-code payment was launched.
Therefore, once the facial recognition was launched, the enthusiasm of consumers fundamentally promoted the popularization of facial recognition payment. In addition to being convenient for consumers, face-to-face payment for merchants can reduce costs and increase efficiency, and improve operational efficiency and store services. For example, at the checkout counter, 10 product users need 56 seconds to complete the payment, but it only takes 10 seconds to complete the payment by swiping their faces. At the same time, after the introduction of artificial intelligence facial brushing equipment, a facial brushing machine is equivalent to 1.5 cashier counters, which is equivalent to 3 cashier employees per day. Face-swiping payment saves merchants' labor costs to a large extent.
According to iiMedia Consulting’s data, the application of facial payment can help merchants improve their operational efficiency. Among them, 94.4% and 89.6% of the merchants surveyed said that after accessing facial payment products, the efficiency of customer queuing in their stores and customer reviews are both Improved. It can be said that for merchants and consumers, face payment is a win-win situation.
Therefore, in the past 2019, facial payment has gradually become a new force in the mobile payment industry, and it has landed in related scenes at a speed visible to the naked eye. Seeing a doctor, brushing your face, etc., brushing your face to pay empowers a smart life, bringing people a real sense of convenience and technology.