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EBS the Payment system on recognition of the person

Product
The name of the base system (platform): Single Biometric System (SBS)
Developers: Rostelecom, Russian Standard Bank
Branches: Trade
Technology: Cybersecurity - Biometric identification

2019: The first information on a system

On September 5, 2019 it became known of plans of Rostelecom to start technology of payment of goods for the image of the person. It is the joint project with Russian Standard based on the Single Biometric System (SBS).

That Rostelecom in October, 2019 will present the solution for payment of goods and services in shops by means of scanning face Vedomosti was told by two persons close to project participants. The representative of Rostelecom confirmed to the edition this information.

Rostelecom will start a payment system of goods according to the image of the person

Rostelecom reported that  at the end of fall of 2019 the new technology is going to be begun to be extended to  the broad market. To use a system, the user will need to attach data of the bank card to  the biometric sample.

For transactions up to 1000 rubles there will be enough identification on the person (without presentation of the card), for payments for large sums it will be necessary to enter a verification code.

The representative of Rostelecom said that "use of biometrics significantly accelerates process" transactions, but makes a reservation that it is necessary to consider "a full stroke of payment of the client in shop which includes search of the card in a purse or the mobile device attached to, for example, Apple Pay and also search of the card of loyalty in a purse or on the mobile device".

Online the user instead of driving in these cards and to confirm payment using the SMS, can use function of payment through biometric identification — to look in the camera and to tell the five unit code, such payment method more simply and quicker and also it is safer, he considers.

It is planned that the development prototype for payment by the person will be provided at a forum of financial Finopolis technologies. According to one of interlocutors of Vedomosti, within a prototype using the person it will be possible to purchase coffee in the coffee machine.[1]

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