FB pixel

Sun, sand and digital dollars: PopID brings face biometrics to Bahamas CBDC

Sun, sand and digital dollars: PopID brings face biometrics to Bahamas CBDC
 

PopID is bringing its PopPay face biometric verification platform to a central bank digital currency (CBDC) for the first time. Bahamians can now link their digital SunCash accounts to PopPay to pay with their faces at participating merchants. Some local and global brands are already accepting the Sand Dollars authenticated by PopPay.

This is the first time that payment has been linked to facial verification for a fully-fledged CBDC, according to PopID. Facial recognition has been successfully used on the ongoing trials for China’s digital renminbi.

SunCash is one of providers handling Sand Dollars. One of the attractions for SunCash to use PopPay is that once a user has registered their biometrics with platform, they do not need to scan QR codes or have anything with them to make a purchase in Sand Dollars or even own a smartphone, unlike other apps connected to SunCash.

SunCash has 55,000 wallet holders covering roughly one in seven Bahamians. More than a thousand merchants have registered.

“With the integration of the PopPay platform into the SunCash App, Bahamian consumers can now quickly, efficiently, and safely use the digital Sand Dollar to purchase food and other products even if the consumer does not have a functional smart phone or an internet connection,” comments Desmond Pyfrom, CEO of SunCash.

“We applaud SunCash for its deployment of this solution that allows Bahamians to transact in Sand Dollar using only their face,” comments John Rolle, governor of the Central Bank of The Bahamas.

“Such security features are important to increasing personal comfort around the use of digital payments and advancing the Central Bank’s goal of increasing financial inclusion among all segments of our society.”

PopID is involved in the new Mastercard Biometric Checkout Program rolling out in markets worldwide as well as with Visa in the Middle East.

Article Topics

 |   |   |   |   |   |   |   |   | 

Latest Biometrics News

 

DHS signals major expansion of biometric matching infrastructure

The Department of Homeland Security (DHS) has issued a Request for Information (RFI) seeking industry input on biometric matching software…

 

ROC impresses in NIST biometric age estimation benchmark, Shufti makes debut

Two new entrants to NIST’s Face Analysis Technology Evaluation (FATE) Age Estimation & Verification, one a debut and the other…

 

Online dating at risk as romance scams, deepfakes infiltrate platforms

Online dating sites are being flooded with deepfakes and AI content, making it hard for users to distinguish real matches…

 

Police Scotland plans LFR business case, consultation on the way to a decision: SPA

Police Scotland has not yet made a final decision on implementing live facial recognition (LFR) and has instead announced its…

 

With shift in UK online safety policy, Starmer tells Silicon Valley to ‘bring it on’

A new statement from UK prime minister Keir Starmer outlines his government’s plans to continue developing policies and regulations that…

 

Sri Lanka digital ID Master Systems Integrator expected to be named in March

The selection of an Indian firm as Master System Integrator (MSI) for the Sri Lanka Unique Digital Identity (SL-UDI) is…

Comments

Leave a Reply

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

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events