Alipay’s new patent for face and palm swipe fusion payment

On September 1st, Alipay, one of China's leading fintech giants unveiled a new patent for "Face and Palm Swipe Fusion Payment," a technology that promises to improve the way we make payments. This article will explore the exciting potential of this new payment technology and its implications for the industry’s future.

Face and palm swipe fusion payment

Alipay's new patent proposes a novel method of payment that combines facial recognition and palm scanning, two distinct biometric authentication methods into a seamless and secure transaction process.

How does it work?

(1)User Enrollment

To use this payment method, users need to enroll their biometric data with Alipay. This involves capturing a detailed image of their face and a scan of their palm.

(2)Payment Initiation

When making a payment, the user simply approaches the payment terminal, which is equipped with cameras and sensors. The system identifies the user by scanning their face and palm simultaneously.

(3)Verification

The system matches the captured biometric data with the user's enrolled information to verify their identity. If the match is successful, the payment is authorized, and the transaction is completed.

What are the benefits of Alipay’s new patent?

(1) Enhanced Security

Combining two biometric methods significantly enhances security. Even if someone tries to use a stolen image of the user's face, they would still need to present their palm for a successful transaction.

(2) Convenience

This payment method offers a more convenient payment experience. Users don't need to remember passwords, PINs, or carry physical cards. All they need is just their face and palm.

(3) Hygiene

China gives a very high importance to this matter, especially in the post-pandemic world. Contactless payments are valued for their hygiene. Face and palm scanning reduce the need for physical touch during transactions.

(4) Accessibility

Biometric authentication can be particularly useful for individuals with disabilities, as it eliminates the need for traditional authentication methods that may be challenging for them.

(5) Speed

Transactions can be completed in a matter of seconds, making this method ideal for busy retail environments.

Application of palm swipe payment technology

Although Alipay has not launched its own palm swipe payment product yet, WeChat Pay has already started applying palm swipe payment technology.

In May of this year, WeChat Pay officially launched its new product, WeChat Palm Swipe, and for the first time ever, it went live on the Daxing Airport Line of the Beijing Metro with the Palm Swipe service. This innovative service allows passengers to register and activate the Swipe Palm function, allowing them to use their palm prints to swipe their cards through the gates on the line. With the introduction of the Swipe Palm service, the Daxing Airport Line is the first metro line to demonstrate biometric palm print payment technology.

According to the understanding, WeChat Palm Swipe adopts "palm print + palm vein" recognition technology, which has the characteristics of no physical media, non-contact, highly convenient and highly secure. This not only improves efficiency, but also greatly simplifies user operations, making this new technology more friendly to the elderly and more accessible to all types of physically challenged people.

This innovative payment method marks WeChat Pay's continued evolution in digital payments, providing passengers with a more convenient and safer travelling experience. WeChat Pay's "Swipe Palm" service demonstrates the future trend of digital payment technology, making payment in the palm of your hand a convenient option in real life. 

Discover more in our blog:《WeChat Pay’s palm payment is transforming payment experience in China》.

The future of digital payments

Alipay's new patent is a glimpse into the future of digital payments. As technology continues to advance, we can expect more innovative solutions that prioritize security, convenience, and user experience. This development also shows the importance of privacy and data protection, which will remain at the focus of discussions as biometric authentication methods become more popular.

As we look to the future of digital payments, Alipay's Face and Palm Swipe Fusion Payment patent serves as a prime example of the ongoing evolution of the fintech industry. With technology continually advancing, we can anticipate even more groundbreaking solutions that prioritize the pillars of modern payments: security, convenience, and user experience. 

For global merchants looking to stay ahead in this rapidly changing landscape, now is the perfect time to consider integrating Alipay into their payment options. And that's where Silkpay comes into play. 

Silkpay offers services to European and American businesses seeking to integrate Alipay into their payment options. With technical expertise, commitment to security, and tailored solutions, Silkpay can help merchants seamlessly adopt this innovative payment method.

So, if you're a merchant looking to embrace the future of digital payments, you can consider opening an Alipay account and partnering with Silkpay, enjoying convenient, secure and reassuring customer service. Don't miss the opportunity to be at the forefront of this digital revolution in payments.

In conclusion

Alipay's latest patent represents a significant step forward in the world of digital payments. By fusing facial recognition and palm scanning, this technology promises to make payments more secure, convenient, and efficient. As it becomes more widely adopted, it may pave the way for a future where traditional payment methods are a thing of the past, replaced by the simplicity of a face and palm swipe.

As with any technological advancement, there will be challenges to overcome, including privacy concerns and regulatory considerations. However, the future of digital payments is an exciting landscape, and Alipay is leading the way with innovations like Face and Palm Swipe Fusion Payment. To harness the full potential of this technology, global merchants should consider integrating Alipay into their payment options. Silkpay provides expertise and support to integrate Alipay for global merchants, making the payment experience more accessible.

Resources:

https://www.sohu.com/a/717829053_121124367 

<a href="https://www.freepik.com/free-photo/portrait-cheerful-student-friends-browsing-smartphone_3800664.htm#page=3&query=scan%20payment%20with%20friends&position=13&from_view=search&track=ais" >Image by katemangostar</a> on Freepik 

About the author: Silkpay

Based in Paris, Silkpay provides omnichannel and secure payment solutions to help physical stores and e-commerce in Europe accept more than 30 of the world's most popular payment methods: Visa, Mastercard, CB, UnionPay, Alipay+, WeChat Pay as well as Asia-Pacific’s major e-wallets.

Silkpay is a winner of the LVMH Innovation Award. The company was also selected as a finalist for the "Money 20/20" Best Startup and in the "MPE Berlin” Startup Awards. Silkpay also won the "Best Fintech" awards from Capgemini and BPCE.

Silkpay helps merchants deliver the smoothest payment experience to their customers. We are a talented and international team driven by a single goal: to improve the customer experience and make payments simple and secure.