SensibleVision launches 3D facial recognition payment system to replace cash and cards
SensibleVision has launched a new 3DWALLET technology to replace cash and card payments with a 3D facial recognition platform that automatically identifies customers and charges them for their purchases.
“The ability to track in-store customer shopping has been around for decades, but the choke point has always been the manual check out process,” said George Brostoff, CEO and co-founder of SensibleVision. “Today’s shoppers are used to instant online purchases, and physical retailers should be able to offer exactly the same level of convenience while making the process even more secure than with credit cards. This is an AI power tool to let brick-and-mortar shops, many of which are in trouble, compete with the digital world when it comes to customer experience. We don’t wait in line when we’re shopping on the Web – and we shouldn’t have to in stores.”
Payment processors can use 3DWALLET with 3D cameras to scan the faces of shoppers, connect them to their preferred method of payment, and automatically bill them, speeding up and simplifying the payment process while providing robust security, according to the announcement. The company says the solution’s authentication process protects both merchants and customers from fraudulent transactions.
“We support a complete ecosystem that is 100 percent opt-in,” says Brostoff. “This is what facial recognition should be – a way to make life easier for people by eliminating the roadblocks to seamless user experiences.”
Brostoff recently spoke with Biometric Update about the differences between true 3D facial recognition and other technologies, and the industry’s need to protect its reputation by benefiting consumers. The company also introduced authentication technology for high-volume settings in April.