Biometric recognition technologies are preferred method for online payment authentication at Singles’ Day
In the 2018 Singles’ Day sales in China, 60.3% of online customers paid using biometric recognition technology, instead of inputting payment passwords. They did so either by scanning their fingerprint or taking a selfie, according to Alipay. The acceptance of biometric identification is advancing fast: in 2016, around 95 percent of the people surveyed by China’s Payment and Clearing Association said they “knew about” fingerprint recognition. Now Alipay and WeChat Pay are both are racing towards a future of seamless payment.