The Electronic Payment Providers Association of Nigeria (E-PPAN) has declared that MasterCard plans to launch a facial recognition payment service in an effort to halt increasing cybercrimes.
Mrs Onajite Regha, the Chief Executive Officer of E-PPAN, announced this new development on Wednesday, during an interview with News Agency of Nigeria (NAN).
According to Regha, this move is in line with the company’s plan to discontinue with the use of password for online payments. It has notably secured support from international IT company, Microsoft.
“MasterCard’s facial recognition will roll out to only about 500 users at first, with major hardware and software companies like Apple.
“Through this system, your phone can tell the difference between your unique face and that of your siblings,’’ she said.
Source: The Nation