FB pixel

SimplyPayMe integrates Smart Engines OCR into payment app

SimplyPayMe integrates Smart Engines OCR into payment app
 

Smart Engines has entered a new partnership with payments company SimplyPayMe to integrate its computer-vision document scanning capabilities to support touchless interactions.

The novel collaboration will see the integration of Smart Engines’ optical character recognition (OCR) technology within the SimplyPayMe mobile app.

The move will now allow SimplyPayMe merchants to receive contactless card payments through a software-based point of sale (POS) system without having to manually type in numbers.

“We are proud that our credit card scanning solution is becoming popular and helping more and more users to make payment transactions easily and securely,” comments Smart Engines CEO Vladimir Arlazarov.

From a technical standpoint, Smart Engine’s Green artificial intelligence (AI)-based OCR algorithms can capture data from all major credit card issuers, and even if cards are worn or damaged.

Credit card scanning is reportedly also supported in real-time video streams and on photos.

“For us, cooperation with SimplyPayMe is an important confirmation that various financial organizations need high-quality and secure recognition technologies,” Arlazarov concludes.

The partnership with SimplyPayMe comes days after a similar one Smart Engines entered with Kazakh Super App Kaspi.kz, as well as a separate one with Knopka.

The company also updated its OCR document scanning technology last month to enable businesses and authorities to perform multi-code scanning in continuous sessions.

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Best biometrics use cases become clearer as ecosystems mature

Biometrics are for digital identity, socio-economic development, air travel and remote identity verification, but not public surveillance, the most-read news…

 

UK Biometrics and Surveillance Camera Commissioner role survives as DPDI fails

UK parliament will not pass data protection legislation during the current session, following the announcement of the general election in…

 

EU watchdog rules airport biometrics must be passenger-controlled to comply with GDPR

The use of facial recognition to streamline air passenger’s travel journeys only complies with Europe’s data protection regulations in certain…

 

NZ’s biometric code of practice could worsen privacy: Business group

New Zealand is working on creating a biometrics Code of Practice as the country introduces more facial recognition applications. A…

 

Demonstrating value, integrated payments among key digital ID building blocks

Estonia has achieved an enviable level of user-centricity with its national digital identity system through careful legislation and fostering collaboration…

 

Strata Identity launches uninterrupted identity services product

There are a few things that can be more annoying than your office computer logging you out of applications because…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events