The future face of shopping

In the drive towards a cashless society, new technology could ensure that your face is your fortune – literally

23rd February, 2020
The future face of shopping
Alipay, the financial arm of Alibaba, has installed facial recognition devices in 100 cities in China

In 2019, just over $3 trillion in global retail was transacted online, leaving some $27 trillion remaining in the battle over the global retail economy. Retail stores are fighting back, and they may be using your face to get a sizeable chunk of that $27 trillion using a new weapon in the digital revolution: face shopping.

It’s not called that yet, but what it means is that you will be able to go shopping not just cashless or cardless,...

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