According to Mashable, Alibaba, a Chinese owned company, will be coming out with a facial recognition product called “Smile to Pay”. This will allow users to pay for online purchases just by scanning their faces. With growing password and security concerns, Alibaba believes this new technology could be the future of online payment.
As we all know, mobile payments have been the buzz for a while now, especially with larger companies such as Apple, Google, and Samsung. Apple has even included fingerprint scanning so users can pay with ease. Alibaba’s idea is similar when it comes to making payments easily, but we will see after more testing if the product is as reliable as fingerprint scanning when it comes to making secure purchases.
This interesting new feature is still in development, but whenever it does launch, it should be making a big splash in the mobile space.