Indeed, a Finnish start-up Uniqul has launched what it calls the first ever payment platform based on face recognition.
The system allows you to pay by giving the camera a nod and pressing ‘OK’ on a point-of-sale tablet. Uniqul claims its technology is protected by “military grade algorithms”.
“In the background our algorithms are processing your biometrical data to find your account in our database as you are approaching the cashier. The whole transaction will be done in less than 5 seconds – the time it usually takes you to pull out your wallet”, explains a press release from the company.
In order to use Uniqul unique payment system, the customer needs to register online before and have its picture taken by one of the company's Qpoint machine. Then, the customer can use all major credit cards or even a PayPal or Square account to charge its Uniqul account.
The real fun begins, lets witness the applications the world's finest software developers will create using this new technology.
