Sberbank to launch facial recognition service

Monday 26 April 2021 13:15 CET | News

Russia-based bank Sberbank has announced rolling out a facial recognition service that will let customers pay for their groceries with just a glance.

Sberbank has partnered with supermarket chain Magnit and plans to connect 100 stores in Moscow and Krasnodar to the service by June 2021. A pilot program is already running in ten shops. Sberbank customers must activate facial recognition for their account and choose the ‘pay with a glance’ option at checkout to access the service.

The Moscow metro is launching a similar service in 2021, Face Pay, to quicken the flow of people. 

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Keywords: Sberbank, facial recognition, product launch, partnership, banks
Categories: Banking & Fintech
Countries: Russian Federation
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Banking & Fintech

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