Amsterdam, 19 March 2020 – Startupbootcamp, a global network of industry-focused acceleration programs, is proud to announce the international teams that will take part in its Commerce Accelerator in Amsterdam. The Commerce 2020 cohort at Startupbootcamp features startups…
Carrying your debit and credit cards everywhere you go can easily be lost or stolen. With PayByFace it’s like an Uber app for making payments when you go shopping! Once you setup your PayByFace account you no longer need to carry your phone, cards or cash! Simply use our proprietary cardless payment merchant kiosk device directly at the store and just use your face recognition to purchase stuff at participating merchants around town.
When we onboard a new customer or re-onboard an existing one, we use our live streaming technology which provides the securest method for proving the customer is in fact who they say they are.
Every time the customer then attempts to access their account when making purchases using PayByFace, our multi modal risk based biometrics is used to confirm their identity.
REGULATORY COMPLIANT PAYMENTS
If a customer wants to make a payment from an account then we use Facebanx.com PyramID payments process which is the most secure process on the market today.
PROOF OF LIVE
When the customer is looking to confirm they are entitled to payments, our proof of life solution offers the best method to stop fraudulent transactions from occurring.
“We provide a seamless and secure digital payment ecosystem for a faster and more convenient shopping experience.”
– Mihai Draghici, Founder & CEO
Want to know how you can PayByFace? Listen to our Founder/CEO explain the platform! (PS- It’s in Romanian)
PayByFace focuses on quick retail payments through Facial recognition.
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