Wallyt, Tencent Team up to Introduce Facial Recognition Payment in Hong Kong Science Park
March 21st, Tencent and Hong Kong Science Park jointly launched WeSmart at the Square underneath the Golden Egg of Hong Kong Science Park. WeSmart is an app combining biometrics, digital identity and other latest technologies. The self-checkout solution based on facial recognition technology, which powered by Wallyt, was also unveiled at the Hong Kong Science Park.

At now, the face self-checkout solution has been in test. In the near future, customers will be able to use the Tencent WeSmart at the T-SHOP&LAB unmanned store in the Hong Kong Science Park, and experience the intelligent retail service. At that time, after choosing the good, customers just need to scan its barcode with the self check-out terminal, then pay with their face according to the prompts on the screen. When it shows the successful notice, the payment was done. The check-out and payment process only takes about 10 seconds. Without manual intervention, fully self-operated, the solution will help to improve the efficiency and reduces the costs of cashiers.

The payment industry is changing rapidly, and the integration of artificial intelligence and payment has become the hot topic for the future of the payment industry. Wallyt, as the world’s leading Fintech company that serves hundreds of banks and financial institutions, has been committed to bringing the latest mobile payment technology and the advanced industrial solutions to the world, and working with partners and empowering the cashless future.