Melbourne:
No more swiping cards! A new technology that allows customers to use their 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.
