At NRF17, we debuted our new facial payment solution, which allows registered shoppers to pay for their products with their face. No cash, checks or cards are necessary, you just use your good looks to save time and money.
You might have heard about the Amazon Go store prototype in Seattle, in which customers simply walk in, select their products, and walk out. With NEC’s NeoFace® facial recognition technology, which by-the-way has one of the world’s highest level of authentication accuracy, you can give your customers a similar experience.
How does it work?
Our technology matches pre-registered facial images against images taken and stored in the NeoFace® database by the POS (point of sale). All a customer needs to do is opt-in to use the solution by submitting their photo and entering a PIN to keep their account secure. The PIN is entered at time of payment to confirm the person’s identity and account information.
Pretty cool! Watch our NRF video to see how it can work with you existing POS and how it can be deployed in your store.
Has it been tested?
Right now, NEC is testing the solution in Japan in cooperation with Sumitomo Mitsui Financial Group, Inc. (SMFG), Sumitomo Mitsui Banking Corporation (SMBC). In the trials, NEC, SMBC and Sumitomo Mitsui Card are testing the recognition performance, employee receptivity to biometric authentication, and functionality of the service. During the trial the goal is to gain the experience and know-how to provide a safe, secure, convenient cashless (and card-less) payment service utilizing facial recognition technology at other branches in the future.
We are also testing this solution in small shops in our headquarters building in Japan. Our trials are measuring authentication performance and accuracy, specifically when dealing with multiple conditions inside stores, such as, the types of cameras in use, camera positioning, installation, lighting and security.
Where can I learn more?
Retail solutions from NEC aim to help you “Know Your Customer” better. We work closely with our customers to develop a deep understanding of business needs to provide the best retail solutions possible and our facial payment product is just one of the innovative ways we can help retailers get things moving better — and faster — right in your own stores.
Check out NEC’s full retail suite by visiting www.necam.com/smartretail or let us know if you want more information by filling out the form below.
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