Samsung Rumored to be working with banks to allow Mobile Payments to be authorized through Facial Recognition
March 20, 2017: Galaxy S8 was earlier rumored to replace the iris scanner with a facial recognition feature because sources close to the matter stated that the latter is highly accurate and will be able to unlock the device in 0.02 seconds. A new report states that in addition to unlocking the smartphone in the blink of an eye, the security feature could also allow users to authentic mobile payments from their handsets.
Using Samsung Pay, users can authenticate payments using their fingerprint on most Samsung devices, but it looks like they will be able to complete this procedure without pushing their finger muscles. Thanks to the rumored facial recognition feature, a new report from Bloomberg states that the tech giant is already working with banks in order to help customers make purchases seamlessly. How secure this is going to be will be declared later in the future as well as the fact that how many users are willing to adopt this new method of securing payment processes.
Early adopters of the Galaxy S8 and Galaxy S8 Plus might be willing to get their hands on the latest flagships, but it looks like making payments using advanced procedures like this is something that they are not ready to do and that is understandable thanks to security concerns. Furthermore, the feature is not going to be widespread and will take some time before banks actually agree to make this happen.
Till then, you are always welcome to carry out transactions using conventional means. As a reminder, both Galaxy S8 and Galaxy S8 Plus are going to be unveiled on March 29 and without the physical home button present at the bottom center, you will have more screen real estate to work with. Both phones are expected to be shipped in the Exynos 8895 and Snapdragon 835 chipset variants.
Would you adopt the new mode of payment-making through facial recognition if your bank grants you the choice to do so? Let us know what you think.