Would You Pay With Your Face?

Read original story on: Re/Code

Forget mobile payment — in the near future, customers may be able to complete a transaction with a selfie. At the recent CeBit Conference in Germany, Alibaba CEO Jack Ma demonstrated a payment system using facial recognition technology on a smartphone.

Currently being tested by Ant Financial, an Alibaba affiliate that also runs its Alipay payment service, this pay-with-your-face system is reported to be aiming for a 2017 public release. No word yet on whether it could differentiate photos from a real person, but Ma did express his firm belief in the system replacing passwords and fingerprints as the preferred mobile payment method.