T-Money pilots facial recognition tech for touchless payments

Tuesday 26 January 2021 10:20 CET | News

T-Money has trialled a pilot process to put in place and evaluate a system providing touchless biometric payment for public transportation in Korea using facial recognition tech. 

As per Biometric Update, T-Money operator Korea Smart Card will use the pilot to evaluate the speed of payment using the facial recognition system, and then look at ways of better commercialising it.

This facial recognition payment system can be used by downloading the T-Money mobile app, capturing the user’s biometric selfie using the phone’s camera, and then linking it to the payment appropriate method. So far, the system has been installed at 22 biometric gates in 13 stations of Ui-Sinsol and involves employees and officials of particular stations.

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Keywords: T-Money, trial, face biometrics, contactless payments, public transportation, facial recognition, Korea
Categories: Fraud & Financial Crime
Countries: Korea, Republic of
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Fraud & Financial Crime

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