News and resources on payments systems, innovations and initiatives worldwide.
SmilePay rolls out face payments in Azerbaijan

SmilePay rolls out face payments in Azerbaijan

Azerbaijan-based SmilePay has struck deals with two major food retailers in the country to let shoppers buy their groceries using their faces.

SmilePay has secured an investment from the biggest acquirer bank in Azerbaijan, Pasha, and formed deals with the Bravo and Araz supermarket chains.

Already installed at Bravo, in its first month the technology has been used for 3000 transactions from 418 users.

“Our facial recognition payment system has nearly absolute precision in ideal conditions, reaching a 99.99% accuracy and less than 0.5 seconds detection speed,” says Seymur Rasulov, CEO, SmilePay.

The company, which this year was chosen as one of eight Mastercard Start Path Accelerator programme participants, now plans to expand to Europe, Southeast Asia and the Middle East.

Comments: (0)