2. Disadvantages, the accuracy of the current face recognition technology is less than 100%, the face of the similarity of the face is prone to recognition errors, the face recognition system may be confused during the recognition, which will lead to a certain risk of payment. The face recognition system may be confused in the recognition, which will lead to a certain risk of payment.
Face payment is a new payment method based on artificial intelligence, machine vision, 3D sensing, big data and other technologies, which has the advantages of being more convenient, safer and better experience.
Data shows that in 2018, China's mobile payment user scale reached 659 million people, and the market size has reached 277.4 trillion yuan; the scale of mobile payment users will exceed 733 million people in 2019, and is expected to increase to 790 million in 2020, and is still growing at a high rate.
The development and popularization of face swipe payment has an important value for enhancing the user's mobile payment experience, improving the business efficiency of merchants, and driving the intelligent development of the economy and society. Industry experts believe that the rapid rise of face swipe payment not only changes people's lives, but also drives the takeoff of the related mobile payment industry chain. In particular, 5G, AI, IoT and other cutting-edge black technology to accelerate the application of landing, China's facial payment industry is accelerating the rise
Offline payment refers to the relative to the online payment. Online payment is generally realized through the third-party payment platforms, such as Alipay, Paypal, Paypal and so on. The specific operation is to open an online bank, and then transfer a certain amount of money to the payment platform through the person's permission, in the online shopping, you can buy items through the funds reserved on the payment platform.
Basically not through the online payment are called offline payment, specific ways are: cash on delivery, post office remittance, bank transfer and face-to-face transactions. Payment on delivery means that the seller can collect the payment on behalf of the goods through the courier and other logistics organizations, courier delivery, for example, when the goods are delivered to the buyer, the buyer needs to sign for the goods to pay the payment to the courier company, and then by the courier company to pay the seller.
With the popularization of the high-speed development of intelligent mobile terminals, and the increasing trend of financial disintermediation, traditional finance is unprecedented impact, with P2P, crowdfunding model, third-party payment as the core of the Internet financial emerging industry is gradually formed.
An analyst believes that, looking at the strategic layout of Le Fu payment, in the field of mobile payment, Le Fu payment is still following its usual route of industry development, through the cell phone card reader and other mobile payment products and other Internet payment, pos acquiring and other original payment products in the process of industry expansion and enterprise services to form a good synergy.