[stock-market-ticker symbols="FB;BABA;AMZN;AXP;AAPL;DBD;EEFT;GTO.AS;ING.PA;MA;MGI;NPSNY;NCR;PYPL;005930.KS;SQ;HO.PA;V;WDI.DE;WU;WP" width="100%" palette="financial-light"]

Biometric payment processing platform PAYBYFACE available now in app store

20 ianuarie 2020

Consumers and merchants can now pay for goods and services with PayByFace® — an enhanced checkout and payment system that allows registered users to complete a transaction using facial recognition.

„Similar to CLEAR, the airport recognition service that allows you to confirm your identity and pass through security, PayByFace® safely stores your unique biometric data to use once you’re ready to go shopping. It’s an ideal choice for people on-the-go and for those who don’t want to risk having their debit or credit cards stolen.”, according to the press release.


“We’re thrilled to bring a twist to the digital payment space,” said Founder & CEO Mihai Draghici. “We’ve simplified how consumers can pay for their favorite goods and services without their phones or wallets. PayByFace® is much more secure but relevant during a time when most people are searching for ways to untether themselves from a mobile device in the event they forget their phone at home or just want to actively be more present in their day-to-day.”

„For merchants, it’s an easy program to implement for your business to take advantage of the opportunities, of which PayByFace® has implemented PAS 499 Certified Biometric Onboarding in a partnership with Facebanx.com’s unique IDauth.me live streaming technology to verify the identity of customers and stop fraudulent transactions.”, the company said.

The company’s leadership also expects to roll-out more innovative updates globally with the help of senior advisors, such as Nicola Coscione from Sport World.

“I am more than honored to join the PayByFace® Advisory Board, providing support for their work transforming the future of payment services. I look forward to working with the team to help PayByFace® break into worldwide markets, including the world of motorsport that I have been involved in throughout my career. This is only the start line for PayByFace®, and I am excited to be alongside their journey of innovation,” said Coscione.

Founded in October 2019 by global entrepreneur Mihai Draghici and Co-Founder Shefket Robelli, PayByFace®’s mission is to provide a seamless and secure digital payment ecosystem for a faster and more convenient shopping experience. PayByFace® also aims to bring a high-end solution to retailers to provide additional payment options to their customers.

PayByFace® is headquartered in Bucharest Romania (engineering, management & support) and Zurich in Switzerland (sales, marketing & customer service) with additional exclusive partnerships throughout the world.

Noutăți
Stay updated to the impact of emerging technologies in fintech & banking.
Banking 4.0 newsletter - subscribe
Cifra/Declaratia zilei

Dariusz Mazurkiewicz – CEO at BLIK Polish Payment Standard

Banking 4.0 – „how was the experience for you”

To be honest I think that Sinaia, your conference, is much better then Davos.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?