FinTech Magazine - May 2021 | Page 98

PAYMENT SOLUTIONS PayByFace

PAYMENT SOLUTIONS PayByFace

PayByFace is a fintech provider of biometric payment point-of-sale ( POS ) platforms incorporating an out-ofhome digital signage advertising network .
Founded by serial entrepreneur Mihai Draghici in 2018 , the company utilises cutting-edge facial-recognition technology to bring next-gen ease to transactions . Users can set up the service by registering a payment card , selfies and a unique PIN code . Shoppers are then able to dispense with taking their devices or wallets and literally pay with their visage in-store .
98 May 2021