Will facial pay technology be the next stage in mobile payments?

Facial Pay - mobile payments with face ID

Will consumers and businesses be willing to adopt it and how will their privacy be secured? The technology for facial pay already exists. That said, developing a transaction method and encouraging individuals and businesses to use it are entirely different challenges. The tech uses mobile payments that verify transactions using an individual’s own face. The idea behind using facial pay technology is that a person would be able to walk into a store, pick up the desired items, then look into a camera at the checkout area to confirm identification.…

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Unique WeChat QR codes give business clients a way to access more customer data

WeChat QR Codes - Produce with QR codes

Tencent wants to focus more on its business clients than its users. A unique kind of WeChat QR codes are being rolled out as part of a new service that gives business clients the chance to use these codes on every single one of their products. This will allow Tencent’s business clients access to more data on each of their customers. The service will provide companies with better tracking data. The WeChat QR codes are part of Tencent’s latest move to focus on business clients, rather than its users. The…

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Facebook payments to come to WhatsApp in the future

Facebook Payments - Facebook logo on mobile phones

The social media giant is reportedly seeking to enter the mobile payments space with its own cryptocurrency. Facebook payments may be around in the not too distant future. The social networking company is jumping on the cryptocurrency bandwagon and is reportedly developing its own digital currency called Facebook Coin. The company’s supposed goal, reports CNBC, is to allow users of its cryptocurrency to transfer money through WhatsApp. Facebook’s move would mimic China’s popular WeChat Pay. The Facebook Coin, which would be attached to the US dollar, and would allow users…

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Digital Debit Group Releases Retail-Grade QR App Powered by PayPal Now Available on iOS

QR App

Downingtown, PA and San Juan, Puerto Rico – February 18, 2019 –  Ready to use upon download, without card swipers or terminal hardware, the Digital Debit® app make its way to a ready marketplace.  Newly-released in the Apple App Store, merchants and freelancers can now accept in-person payments for services rendered from millions of PayPal users.  While retail-grade in its functionality, the QR app with PayPal integration can also be used in a more casual way.  Family and friends can both pay and get paid with the Digital Debit® app by…

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CAC deletes nearly 10,000 Chinese social media accounts

Chinese Social Media Accounts - Teen Selfie - Mobile Phone

Thousands of social media accounts have been eliminated by the nation’s top cyber authority. The Cyberspace Administration of China (CAC) has erased almost 10,000 Chinese social media accounts that it found to be in violation of the law. The account holders were accused of posting online content that the CAC deemed to be vulgar, sensational or politically harmful. Accounts were eradicated for a variety of violations. More specifically, thousands of Chinese social media accounts were erased for violations such as, “spreading politically harmful information, maliciously falsifying (Chinese Communist) party history,…

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