Mmastodon BusinessBanking first seen 5 h ago, last 23 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 by facial recognition, linked to their KYC data and settled directly from their Revolut account via the company's own POS hardware. Observers note it creates a near-closed payment ecosystem that bypasses traditional cards and smartphones, raising both interest in the convenience and questions about privacy and data use.

Why now: The combination of facial recognition with KYC data and a closed payment loop raises fresh privacy and financial-inclusion concerns.

RevolutPay with Smile

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Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 23 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

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