Finnish startup Uniqul.
The "face" payment system is a payment platform based on a facial recognition system, which was first introduced globally in July 2013 by Finnish startup Uniqul. The system doesn't require a wallet, credit card or cell phone; all you need to do is face the camera on the POS screen, and the system will automatically associate the consumer's facial information with the individual's account, making the entire transaction process very convenient.
Expanded Information:
I. Technical background Face recognition is a kind of biometric identification technology based on people's appearance characteristic information for identity authentication, the biggest feature of the technology is to avoid personal information leakage, and the use of non-contact way for identification. Face recognition and fingerprint recognition, palm print recognition, retina recognition, bone recognition, heartbeat recognition, etc. belong to the human biometric identification technology, are with the rapid development of photoelectricity technology, microcomputer technology, image processing technology and pattern recognition and other technologies should come into being. It is a fast, accurate and hygienic way to identify people; it is not reproducible, and even if you have had plastic surgery, the technology can identify the "original you" from hundreds of facial features. Second, the development process July 2013 Finnish startup Uniqul launched the first ever payment platform based on facial recognition system, unique payment system. Beginning in 2014, Baidu, the Chongqing Research Institute of the Chinese Academy of Sciences, Ant Gold Service, Alipay, WeChat Pay and others took the lead in opening up the technological research and development and commercialization exploration of face payment. In 2017, with the successive launch of face recognition functions by smartphone manufacturers, face swipe payment began to be used in China on a large scale, penetrating into retail superstores, restaurants and other major scenes of life, and the industry showed rapid growth. In November 2019, data released by AiMedia Consulting showed that China's face-swipe payment users are expected to exceed 760 million in 2022 Baidu Wikipedia - Face-swipe Payment Baidu Wikipedia - "Swipe Face " payment system