What's New in Payments

Chinese supermarket to launch face recognition payments in Canada

Pay with your face system coming to Canada, but not everyone is on board — Yahoo Finance — “Ryan Li, Foodymart’s executive manager, sees the technology as an opportunity to grow his company’s business by attracting new customers, as well as cutting down on checkout times. Li also said between 50% and 60% of Foodymart customers have lived in China, and he expects most of them have previously interacted with a facial recognition payment system.”


What's New in Payments

UnionPay begins mobile payments rollout in North America

UnionPay QR code payment debuts in North America — UnionPay International — “UnionPay International announced today that it has partnered with Bank of China (Canada) in enabling all the stores of Foodymart in Canada to accept UnionPay QR code payment… Some food and beverage merchants in California, the US, have recently started accepting UnionPay QR code payment too… It is expected that the number of merchants accepting UnionPay QR code payment in North America will reach 5,000 within this year.”


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