JavaScript is off. Please enable to view full site.

Vietnamese firm to launch facial-recognition payment app next year

Monday, November 30, 2020, 09:51 GMT+7
Vietnamese firm to launch facial-recognition payment app next year
Buyers experience the FacePay app at a GS25 convenient store in Ho Chi Minh City. Photo: Ngoc Phuong / Tuoi Tre

Facial recognition will become a form of payment in Vietnam next year thanks to a brand new app developed by a local technology firm.

Developed by Wee Digital Company, the app, named FacePay, will be in use at over 100 GS25 convenient stores in Ho Chi Minh City and southern Binh Duong Province in early 2021.

In order to use the app, people will only need to install it on their smartphones, register their faces, fill in personal information, and link the app with their bank account.

The payment process will include three steps.

Users will first confirm the amount of payment, then enter their security passwords, and finally have their faces scanned.

FacePay is also expected to be used at other convenient stores, coffee shops, restaurants, and online shopping sites in the coming time.

In a relevant story, Sacombank has partnered with Visa, the global leader in payment technology, to deploy the ‘Tap to Phone’ technology that enables merchants to use their mobile phones or tablets as a point-of-sale device for contactless payment.

The 'Tap to Phone' technology uses a software development kit (SDK) integrated in mMerchant, a mobile app exclusively meant for merchants, to meet the increasing demand for fast and convenient payment solutions.

With this simple operation, sellers can quickly and easily receive payments anytime, anywhere.

After entering the amount, buyers just need to tap their Visa contactless cards on the sellers' mobile device to complete the transaction.

Cardholders will not need to sign an invoice if it is under VND1 million (US$43).

For invoices worth over VND1 million, the sellers will instruct cardholders to sign their names on their mobile device screen and enter an email address to receive the e-invoice.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Tuoi Tre News


Read more




Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Experience summer sand-boarding in Mui Ne

Sand-boarding, a popular activity amongst local children in the coastal tourism town of Mui Ne in south-central Vietnam, is attracting hundreds of tourists to the Red Sand Dunes

Young maple trees given better protection as Hanoi enters rainy season

The trees are currently growing well, with green leaves and healthy branches.

Hunting skinks for food in southern Vietnam

Skink meat is known to be soft, tasty, and highly nutritious.

Vietnamese-made app allows people to grow real veggies via smartphone

Nguyen Thi Duyen, a young engineer in Hanoi, developed the app and its related services to help busy people create their own veggie gardens.

Latest news