VisionLabs unveils new facial payments terminal
VisionLabs has announced the launch of its biometric payment hardware, the LUNA PoS terminal.
Certified by the likes of Visa PayWave and Mastercard Contactless, this is pitched as the first payment device to enable both traditional credit card payments and biometric facial recognition payments in one.
“We introduced our first generation of LUNA PoS with no credit card support in 2019 to simply try out the face-based payment process,” says Anton Nazarkin, Global Business Development Director at VisionLabs.
“It quickly turned out that the adoption rate of this technology exceeded our expectations: we have recorded a conversion rate upwards of 40% to face payments among different types of major national banks and retailers.”
“With the LUNA PoS, we pushed ourselves to the limit in designing a unit that not only meets our strict requirements as a best-in-class facial recognition solutions vendor but also implements the highest security standards that exist in the payments industry”.
The terminal scans the customer’s face, similar to using facial recognition to unlock a smartphone. It does not save facial data and will never capture any faces without consent from the customer and authorisation from the terminal operator.
The face template is then sent to the payment service provider or bank for identification. VisionLab’s algorithm identifies whether the customer is who they say they are, determining transaction success or failure
VisionLabs says that the LUNA PoS terminal is vendor agnostic, portable, and available to a range of sectors via their chosen systems integrator, making it suitable for a range of applications including restaurants, banking centres, delivery couriers, gas stations, sports venues, and airport lounges.
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