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IPFS News Link • Technocracy

PayByFace Expands Across European Markets

• Activist Post

By Bianca Gonzalez

The Amsterdam-based biometric payment processing startup PayByFace has announced agreements to expand into several European markets including Netherlands, UK, Ireland, France, Italy, Spain, Switzerland, Germany, Austria, Romania and Bulgaria.

Customers can make purchases by adding their payment method to a digital wallet that they can access by submitting a face scan at the point of sale. PayByFace uses a decentralized architecture and can authenticate in less than one second.

"PayByFace enables its eWallet users to actively transform the shopping experience with personalized attention… Those 5 to 10 second interactions can be meaningful if dedicated to the client and not to the process," says Mike Draghici, Founder and CEO of PayByFace.