LINE

Text:AAAPrint
Business

Alibaba to apply facial recognition to mobile payment

1
2015-04-03 10:31CRIENGLISH.com Editor: Li Yan

China's e-commerce giant Alibaba has revealed a facial recognition technology which makes mobile payment as easy as taking a selfie.

The new payment method, called "Smile to Pay", was first demonstrated by Alibaba's founder Jack Ma at the 2015 CeBit technology trade fair held in Hanover, Germany on March 15. He used the method to purchase a souvenir stamp from Alibaba's website.

The payment procedure only takes two steps. The first is to collect a user's facial information and the second is to scan the user's face for payment.

After the user's identity is verified, a transaction will be acknowledged through a notification.

The new method simplifies payment procedures by replacing password for identity verification.

As security concern has long been a major barrier for online transactions, Alibaba said that its facial recognition payment system has an accuracy of above 99 percent.

The method is currently in beta mode.

Chen Jidong, technical director of the Ant Financial, an Alibaba's affiliate, said technologies are needed to be developed to prevent fake identity attacks before it is put into use.

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.