Facial Recognition Tech

for online payments

By Jian Zheng

Jian Zheng is a PhD Candidate at Polytechnique School of Montreal in Geotechnical engineering. 

Jian Zheng is a PhD Candidate at Polytechnique School of Montreal in Geotechnical engineering. 

The technology could replace the use of passwords on Alibaba's Alipay service.

It is a really exciting and new technology which will change our world in the future.

 

 

E-commerce giant Alibaba Group and affiliated online payment service Alipay are aiming to use facial recognition technology to take the place of passwords.

On March 16, 2015, Alibaba chairman, Mr. Jack Ma showed the new feature while speaking at the Cebit trade fair in Hanover, Germany.

Using Alipay, Ma bought a souvenir stamp from Alibaba's e-commerce site in China. But to confirm the purchase, Ma scanned his face using the front camera on his smartphone.

This new technology is invented by AliBaba, the most famous and important internet company in china. the online payment is sometimes very inconvenient and difficult. You forget about your password, you forget your secure question. 

It's unclear how secure Alibaba's technology is. But the company's affiliated Alipay service is already hugely popular in China, where it has more than 300 million registered users.

Just over a half of the transactions Alipay processes came from mobile devices last year. And although most of Alibaba's business remains in China, the company has ambitions to expand globally.

Earlier this month, the company announced it would enter the U.S. cloud computing market, by opening a new data center in Silicon Valley.

Alipay, which was spun off from Alibaba in 2011, is also seeking to increase its international user base. Last October, Apple CEO Tim Cook also said he was exploring a possible partnership with Alibaba Group to bring Apple Pay to China.