FX.co ★ Top-5 unusual payment technologies

Identity Check Mobile

Not long ago MasterCard announced Identity Check Mobile - new payments application operated with biometric data of clients. According to the analysis of fingerprint and appearance the application let a user make on-line purchases without password entry.

The app was tested in Canada, USA and Netherlands. Today such technology is available to the residents of 12 countries — Great Britain, Austria, Belgium, Czech Republic, Denmark, Finland, Germany, Hungary, Netherlands, Norway, Spain and Sweden. The service will reach other countries in 2017.

Smart-ring NFC Ring

By means of smart ring NFC Ring a user can shop on-line without using a bank card or a smartphone. This unusual accessory is available to pre-order at the moment.

The ring meets the EMVCo requirements and works with Visa cards of certain banks. From its inception the adornment is thought for do shopping through wireless payment systems.

Besides of payments the ring is able to unlock smartphones and tablets PC, also to open/close doors and door locks with NFC support.

Apple Pay/Samsung Pay

The owners of innovative gadgets from Apple and Samsung have an opportunity to pay off through payment systems specially created by the above-mentioned brands. In such case the payment is made out with a help of smartphone which the bank card is connected with. For making a payment transaction it's necessary to put the gadget to cash register.

The payment system of the social network “Odnoklassniki”

By means of the payment system created by the above-mentioned social network it's allowed to make a payment transaction across other social media platforms and applications using user account of “Odnoklassniki” which the bank card is connected with.

Messengers

The most popular social media network – Facebook – represented a range of new work tools for Messenger platform which simplifies business cooperation with clients. For example, the company added the button “Buy”. Pushing the button a user can pay its orders.

It should be noted that thus far the new function is accessible only for implementers who are busy with testing it. The official release of new work tools will come about in 2017. It's known that the data of payment messages is code-protected, the payment itself is made out with the systems Stripe and PayPal.