Telia and OP Financial test facial recognition payment
Swedish telecommunication company, Telia, and Finnish bank, OP Financial, showed consumers how to pay using just their face and 5G.
The pair installed Finnish firm Pivo’s technology in an ice cream truck in Vallila, a Helsinki neighbourhood. Ice cream buyers were given the opportunity to pay with just their face, using facial recognition technology.
Customer’s faces were compared with a biometric template uploaded through a camera. When the customer accepts the payment, using pre-saved credit card details, the transaction would completed.
”Facial payment is a good example of a service that benefits from the capacity increase and lower latency of 5G,” says Telia’s 5G programme head for Finland, Janne Koistinen. “5G will also take the security of mobile connections to the next level, which is interesting for example for payment and other financial services.”
OP Lab also notes that besides security, “a smooth user experience is important for customers”. OP Lab head, Kristian Luoma, says: “5G makes the service faster and is therefore the perfect partner for Pivo Face Payment. We believe that the trial with Telia opens a new window to the future.”