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Face payments - Pay using your face?

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London7766551
London7766551 Posts: 328 Forumite
100 Posts Photogenic Name Dropper
edited 25 January 2021 at 10:36PM in Budgeting & bank accounts
Welcome to the futuristic world of facial recognition payment. It might sound like something from a science fiction movie, but this kind of transaction is already happening millions of times a day across China's major cities.
With the technology now being introduced in the US, and other countries such as Denmark and Nigeria, are we all going to be using it within a few years' time? And, are there data security and privacy issues that we should worry about?
She uses facial recognition payment, via a US tech start-up called PopID. You sign up via its website, by uploading a photograph of your face, which is stored on the firm's cloud-based system. You then link your account to your bank card.
In addition, you can choose to use PopID's hand gesture tipping tool. Ms Stewart has set this at thumbs up for 10%, the peace sign for 15%, and the shaka or "hang loose" sign for 20%.
https://www.bbc.co.uk/news/business-55748964

The future is now, while this may be safer (I assume) and prevent fraud, at the same time it is a privacy nightmare. I will be avoiding it. Who is going to be the first to sign up? I predict Barclays or the digital banks will be the first to take it up.

Comments

  • BrownTrout
    BrownTrout Posts: 2,298 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    sounds like 1984 to me....
  • Sandtree
    Sandtree Posts: 10,628 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    London7766551 said:
    The future is now, while this may be safer (I assume) and prevent fraud, at the same time it is a privacy nightmare. I will be avoiding it. Who is going to be the first to sign up? I predict Barclays or the digital banks will be the first to take it up.
    Given its based on a photo then clearly its a 2D system and the number of complaints about the security of the likes of Apple FaceID which uses lidar to have a 3D system then clearly the security is going to be lower than what your phone requires to make a call etc.

    With the more accurate systems there have been plenty of complaints of identical twins being able to unlock each others phones and so this will be a pain to deal with erroneous identifications. Identifying whats fraud and whats a system error etc all headaches.

    In principle I dont have issues with biometric security but not the idea its used in isolation to both identify what account to charge and clear security
  • Then there is this.. chip implants https://www.vivokey.com/ 
    Already available to purchase (and implant) in the UK through https://cyborg.ksecsolutions.com/ 
    Free shipping over £50 :grin: 

    It's only a matter of time... as much as we don't want it. Paying for goods and opening doors by waving your hand. 

    Do you prefer a hand implant or a brain implant? ;)
    See Elon Musk's project focusing on neural implants https://neuralink.com/
  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    If anyone wants to go as far as to look like me just to rip me off then they'd probably argue it was compensation for their pain and suffering  :D
  • Eco_Miser
    Eco_Miser Posts: 4,847 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    If the system is so sensitive it can distinguish between identical twins, is it going to recognise a woman in full make-up for a formal occasion as the same person with no make-up and a hangover? Not to mention, what happens after a facial injury?
    Eco Miser
    Saving money for well over half a century
  • I have to ask would it work if you are two-faced?
  • eskbanker
    eskbanker Posts: 37,014 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I have to ask would it work if you are two-faced?
    Always a good idea to have multiple methods of payment available!

    It gives a whole new meaning to paying through the nose though....
  • Jami74
    Jami74 Posts: 1,284 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Good grief! Imagine the accidental spending when drunk. 
    Debt Free: 01/01/2020
    Mortgage: 11/09/2024
  • sausage_time
    sausage_time Posts: 1,455 Ambassador
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Reminds me of the old playground joke:
    "Got a match?".
    "Yes, your face, my a*se."
    I’m a Forum Ambassador and I support the Forum Team on the Credit CardsSavings & investments, and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
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