If you thought paying with Apple Pay was easy, this news will blow your mind. According to MasterCard, the future of payments is here, and to access it you only need your smile.
By posting on your Web announced MasterCard Biometric Checkout Program, with which you will only need to smile at the payment terminal to approve the purchase. This proposal will be launched globally, although in the statement they comment that tests will start first in Brazil.
The company has emphasized that you do not require cards or a mobile device. You only have to approve the purchase invoice, and then smile at the camera to confirm payment at the stores of your choice.
MasterCard steps forward for the future of payments
MasterCard points out that his idea was born because, buyers’ hands are often busy when they are about to make a payment. The foregoing, obviously, means that the payment process is not entirely efficient. Not only for customers, but also for stores. “No more searching for your phone or wallet when your hands are full: the next generation of in-person payments will only require a quick smile or wave of the hand,” the company explains, adding:
“Once enrolled, there’s no need to slow down the checkout line searching through pockets or purses. Consumers can simply check the bill and smile at a camera or wave over a reader to pay. The new technology ensures a fast and secure payment experience, while allowing consumers to choose how they want to pay.
For merchants, the benefits are considerable too, from faster transaction times and shorter queues to better hygiene and security. The payment system can be integrated with loyalty programs and personalized recommendations to help consumers find products that may interest them based on their previous purchases.”
In addition, to sign up for the project you just have to download an app on your mobile, or go to an authorized store in the Mastercard Biometric Checkout Program and sign up.
Very soon it will be in other latitudes
The initial test pilot will start in the city of Sao Paulo, in Brazil. Initially, only five stores in the city will have the new biometric payment function of the company. However, Mastercard has plans to bring this technology to the rest of the world’s continents.
Mastercard is working with partners including NEC, Payface, Aurus, PaybyFace, PopID and Fujitsu Limited to ensure the launch and scale of these new types of payment methods around the world. master card
Of course, it may be a technology quite similar to what has already been seen with Apple Pay and its Face ID. However, this time you will not need any device or card. Just by showing your face, payments will be authorized quickly, a step further in the automation of purchases.
Since the beginning of the pandemic, many businesses and companies have decided to innovate with payment methods. In fact, in Japan there are already holographic payment screens, a method that allows shoppers to process their purchases without touching physical buttons or a screen that can become a source of infection.