Mmastodon BusinessBanking first seen 7 h ago, last 9 min ago, peak #12

Revolut trials face-recognition payments with Pay with Smile

Original: Revolut testet mit „Pay with Smile“ biometrisches Bezahlen per Gesichtserkennung und verknüpft dabei KYC-Daten, eigenes

Revolut is testing 'Pay with Smile', a biometric payment method that lets customers pay in stores via facial recognition. The system links the customer's KYC identity data, Revolut's own point-of-sale hardware and direct payments from a Revolut account. Observers note this creates a nearly closed payment ecosystem that could bypass classic cards and smartphones, raising both interest and privacy questions.

Why now: The prospect of paying by face alone, tied to a fintech's own ecosystem, is drawing attention over convenience and data-privacy implications.

RevolutPay with Smile

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Rank over time, top of the chart is #1. 4 snapshots from 4 h ago to 9 min ago.

Evidence

• Revolut testet mit „Pay with Smile“ biometrisches Bezahlen per Gesichtserkennung und verknüpft dabei KYC-Daten, eigenes POS-Hardware und Direktzahlung vom Revolut-Konto. Damit entsteht erstmals ein nahezu geschlossenes Payment-Ökosystem, das klassische Karten, Smartphones oder… · IT_Finanzmagazin · 1

API: https://socialmediatrends-api.osmike.com/v1/trends/213238