Facial recognition payment verification method popularity to explode in coming years

Facial recognition payment verification - binary code - woman's face

A new analysis suggests that this and other biometric authentication tech will be used by billions. Newly released research results have shown that in coming years, billions of smartphone users will employ facial recognition payment verification and other types of authentication to keep their transactions secure. The next handful of years are expected to include a considerable shift toward biometrics. This shift will include a heavy move toward facial recognition payment verification technology, among other types of biometrics. These will be meant to boost the security level of mobile transactions,…

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QR code payment link formed between Thailand and Vietnam

QR code payment link - mobile payment transaction

The countries have rolled out a cross-border interoperable quick response code transaction connection. The Bank of Thailand and the State Bank of Vietnam have launched a new QR code payment link between the two countries to allow cross-border transactions. The interoperable quick response code is meant to make transactions easier to complete between the countries. The QR code payment link will allow for cross-border payments to take place. Moreover, it will make it possible for the two countries to be able to use their local currencies with each other. Through…

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New Facebook Pay QR codes make it easier for users to send money

Facebook Pay QR Codes - facebook sign with QR code

The quick response codes have been introduced to simplify person-to-person payments. Facebook Pay QR codes are now rolling out to add a new way for users to be able to send money person-to-person. The quick response codes can be scanned by friends or family members to instantly transfer money from one person’s account to another. The social network’s mobile payment service was first launched back in 2019. The idea behind the Facebook Pay QR codes is to expand on the current convenience of the service and make it easier for…

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Disney MagicMobile launches for MagicBand function on Apple Watch and iPhone

Disney MagicMobile - person wearing Apple Watch

The entertainment giant has announced the digital pass and wallet support for Apple devices. MagicBand support is now available through Disney MagicMobile on iPhone and the Apple Watch for theme park guests using those devices. The technology can be used by guests to Disney World and who use compatible Apple devices. The Disney MagicMobile service uses the Wallet app in Apple Watch and iPhones, allowing them to function like the brand’s MagicBands. The MagicBand is a colorful plastic wristband with tech components, allowing Walt Disney World guests to use it…

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An Ultimate Guide on Creating a Peer to Peer Payment App

how to build a mobile payment app

Recent research by analysts showed that there were 82.5 million users of Peer-to-Peer payments in the US in 2018. To make this figure seem even more huge, let’s say that this is almost a third of the US population that uses mobile devices. And in 2022, the number of users of P2P payments should grow to 52%. This rapidly growing popularity is causing many entrepreneurs to consider building their own P2P payment applications. In this article, we will show you how to create your own P2P payment application complying with…

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