Alibaba’s New Innovation Lets You Make Payments Through Selfies
Mobile payments have now been around for a while. A large number of users have by now grown accustomed to paying for their shopping through their phones. Apple and Samsung have also introduced new technologies that lets you use your phone as a credit/debit card. But the Chinese e-commerce company, Alibaba, has given a whole new look to mobile payment and has made spending your hard earned cash more fun.
— CeBIT (@cebit) March 15, 2015
Alibaba founder Jack Ma showcased their new facial recognition technology which lets users pay through their mobile devices. This new payment method is expected to be called “Smile to Pay”. This feature will let users pay for their purchases by just scanning their faces. It is something like the Apple Pay and Samsung Pay where users have to authenticate a payment by using their fingerprint instead here you get to do it with a selfie.
Mr. Jack Ma presented his innovation at the CeBit conference being held at Hanover, Germany. He gave a live demo in which he went to Alibaba’s website and clicked buy after which the facial recognition screen turned up. As soon as the software recognized Ma, the purchase was done. He said that this technology would replace passwords and this is the manner in which people will engage in online shopping in the future. Mr. Ma though did not give any more details about the technology. Smile To Pay is expected to be first released in China. We’ll learn more about it later, but you have to admit that it is a cool way to pay for your purchases.