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China will soon have new regulations on facial recognition payments

China will soon have new regulations on facial recognition payments
A Zhengzhou citizen paying on an Alipay face-scanning device at a drugstore in May 2018. (Picture: Xinhua)

The rise of facial recognition payments in China has also given rise to privacy concerns. This could soon be addressed with a planned new regulation that deals with collecting, transferring, storing and using facial data used for payments, according to Xinhua.

China has been forging ahead in the adoption of facial recognition. Alipay and WeChat Pay, two leading mobile payment services in China, are both deploying their facial recognition-supported POS devices across China. Banks are also rolling out their own facial recognition payment services.

While some users have concerns over the technology, many people have also embraced it. The country now has more than 100 million people using facial recognition payments, according to tate media

It looks like more regulations on the technology are also on the way in Europe and the US. Amazon CEO Jeff Bezos said that the company is working on proposing regulations on the broader use of facial recognition.

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