Move over, NFC. Uniqul is getting ready to unveil a new payment system that utilizes facial recognition to process payments. You can set aside your credit cards, debit cards, and checkbooks, too, because all you’ll need to pay for stuff when you shop is your face…and that’s already attached to your body.
Uniqul’s payment system links a person’s face with their bank account so that they’ll only have to gaze into a camera when they want to pay for something. No muss, no fuss, and no worries that come with lost or stolen cards.
Here’s how it works: stores are provided with a Uniqul tablet for their check-out counters. These tablets will take the customer’s photo and analyze the biometric data to locate the person in the database. After pressing an “OK” button, the payment is processed and the customer can go on his or her merry way.
Uniqul’s system is protected by military-grade algorithms, so nothing to worry about on that end. The system will be launching soon in Helsinki, Sweden.
[via Dvice]