Using your face as a security token (instead of a receipt signature, as is typical with plastic ... More
Using your face as a security token (instead of a receipt signature, as is typical with plastic cards), FaceCash allows you to pay for items, such as food or clothing, at the point of sale with a smartphone or paper, instead of a plastic card. With FaceCash, you can even type in the account numbers on all of those plastic cards on your keychain for the grocery store or the office supply store nearby, so that they’re conveniently stored on your phone. Replace every function of your wallet—plus a lot more—with FaceCash.
The FaceCash mobile app is available for iPhone and iPod, Android, and BlackBerry. Features include…
Order Ahead: Place an order for just about anything ahead before you get to the store, right from your phone.
Transfer: Send money electronically from one person to another using your phone.
Bill Splitting: Don’t worry about how much you’ll owe your friends (or they’ll owe you). Splitting bills is easy with FaceCash.
History: Keep track of what you’ve bought. No more fading receipts!
Last updated 18 Oct 2011
Published 18 Oct 2011
Paying by mobile phone is quite a popular application these days to say the least but this one has a different take on it and can be used with iPhone, Android, Blackberry or any phone with a web browser. iPad and iPod Touch can also run the app.
To use the system you’ll have to be purchasing something in a participating store but the number of these is ever growing. There is also no direct link to a bank account and so funds have to be deposited in to a FaceCash account in order to use it.
Quite simply the system works on a bar code and a picture of your face. When opening an account you’ll need to upload a photograph amongst other ID information requested, and deposit a sum of money into your account. The system will then generate a barcode with your FaceCash account number appearing underneath.
When it comes to paying for something, simply inform the merchant that you’ll be paying by FaceCash, bring up the barcode stored in your phone and unless you’ve stolen it a photograph looking just like you will appear on the cash register. The transaction is recorded in the history function and there are reward points to be earned.
The system does have the capability to store other account numbers that have historically needed a plastic card and allocate bar codes to them as well. These however are typically of the loyalty or discount variety and not linked to any payment...