Alibaba unveils 'smile-to-pay' tech
Chinese e-commerce giant Alibaba is developing facial recognition technology that enables mobile shoppers to replace their passwords with selfies.
23
Editorial
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
Showing off the technology during a presentation at the Cebit trade fair in Germany, Re/code says that Alibaba chairman Jack Ma told his audience "[Using] online payments to buy things is always a big headache. You forget your password, you worry about security. Today we'll show you a new technology, how in the future people will buy things online."
Ma pulled out his phone and bought a stamp from the Alibaba site, scanning his face with the handset's camera to confirm the purchase before promising that it would arrive at the office of Hannover's mayor within six days.
The technology is being developed by Alibaba's Ant Financial unit for use with the Alipay Wallet and online payment service, although details of when it will be rolled out to users have not been given.