Russian retailers test facial-payment technology, possible rollout in 2020

Russia is testing facial-payment technology at supermarkets and could roll it out on a large scale by the middle of the year. VTB, Russia’s second-largest lender, is testing the technology in the Lenta supermarket chain, the head of the bank’s digital division told Izvestia.

Promsvyazbank, another Russian lender, is holding talks to launch the technology in other supermarket chains next year, the paper said, citing a top manager at the bank.

The technology will enable shoppers who have linked an image of their face to a bank account to pay for goods by posing in front of point-of-sale machines equipped with cameras.

Russian retailers test facial-payment technology, possible rollout in 2020Read More