Paytoo introduces biometric enabled payment services

November 9, 2015 - 

Mobile wallet provider Paytoo Corp. announced it will introduce its updated and new range of biometric enabled payment services during the International Money Transfer Conference, held November 9-12 at the Eden Roc Hotel in Miami Beach, Florida.

Paytoo will debut its Generation II Multi-Service Kiosk, which features an improved graphical UI, increased processor speeds, a 21” vertical touchscreen display, biometric capabilities and a full HD camera.

Through Paytoo’s partnership with facial technology firm Imagus, the Generation II Multi-Service Kiosk can process the facial recognition and identity verification in real time.

The new kiosks will see their first deployment at the beginning of January 2016.

“Imagus is delighted to be partnering with Paytoo on this next generation payment and remittance system” said Glen Thomas, CEO of Imagus. “The expansion of our benchmark biometric technology into this sector of the financial applications market is an exciting next step in our FinTech growth strategy.”

Additionally, Paytoo will introduce its new remittance system which will cover LATAM countries and more than 26 countries in Africa.

The company will also showcase Paytoo Mobile Application V2, which allows users to pay merchants and deposit cash into their wallet.

The mobile wallet app enables users to perform a range of money transfer features, including bill payment, cellphone top up, gift cards, and virtual and prepaid card allowances.

“The financial needs of consumers are constantly changing. Paytoo has been at the forefront of innovation and provides consumers with products that embrace that change,” said Michel Poignant, CEO of Paytoo Corp. “We are excited to present our updated services that will be able to fill the needs of the users and financial excludes and to welcome this new partnership with Imagus.”

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About Justin Lee

Justin Lee has been a contributor with Biometric Update since 2014. Previously, he was a staff writer for web hosting magazine and website, theWHIR. For more than a decade, Justin has written for various publications on issues relating to technology, arts and culture, and entertainment. Follow him on Twitter @BiometricJustin.