Facial Recognition Payments Just Around The Corner, But Is It A Safe Mode For Transactions

Facial recognition payments could soon become the norm with people not required to carry their mobiles or wallets. But will this be safe?

Nowadays most people have stopped making cash transactions and currently prefer paying digitally via credit, debit cards or via UPI. While this is the present, Netherland-based VisionLabs is betting on facial recognition payments for the future. If facial recognition payments manage to take off, you not be required to carry a smartphone, bank card, or any form of identification.