No more swiping credit cards to make payments! A new technology that allows customers to use their face (facial features) instead of swiping a credit card to purchase goods has been developed by a Finnish company. The technology provided by Uniqul,works by recognising the customer's face and then linking it to the individual's bank account. So instead of swiping a credit card to purchase goods,the customer gazes into a camera. Uniqul claims its service is secured with military-grade algorithms,'The Australian' reported. Uniqul's Ruslan Pisarenko said the technology - which is due to roll out next month - has the ability for transactions to be completed instantly and can even distinguish between identical twins,'News Limited Network' reported. According to Pisarenko,"the face is a PIN and it's more like a complete way to identify a person." "But in some cases where the system is not 100 per cent accurate,it will ask a person to input their PIN as security," he said. There is no payment card involved,nor is a mobile or wallet needed. Customers sign up to the technology by registering their identification and bank details. Once the items are scanned through the customers' details will flash up on a screen and they click "OK" to confirm the transaction.
