View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
April 6, 2022

Visa, PopID partner on facial verification payments in Middle East

Visa and consumer authentication service provider PopID have teamed up to launch facial verification payment acceptance in the Middle East region.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

The partnership will enable cardholders with an option to link their facial biometrics to their debit or credit cards to make payments.

PoPID will tap the Visa alliance to add issuing banks to its facial biometric payment platform PopPay. The firm will also partner with acquiring banks on Visa’s partner network to distribute its proprietary face pay terminals to brick and mortar businesses.

Visa CEMEA Innovation and Design head Akshay Chopra said: “From across our partner network, we’ve seen heightened interest in co-creating new facial and biometric payments moments. Through this partnership with PopPay, we are keen to help clients roll out biometric payment capabilities faster and with more success.”

PopID also signed an agreement with investment firm Dubai Holding to set up a joint venture that will drive the rollout of PopPay in the Central and Eastern European (CEE) countries as well as the Middle East and North Africa (MENA) region.

As part of the tie-up, Dubai Holding will deploy PopPay at a number of assets across its destinations and attractions as well as its portfolio of brick and mortar businesses.

The firm also plans to integrate the payment technology across its wider ecosystem and through partners across CEE and MENA region.  

PopID CEO John Miller commented: “We expect face pay to become the global standard for payments, and we are determined to make PopPay the consumer brand that is used and trusted by people all over the world.”

In January this year, MKSmart struck a partnership with IDEX Biometrics to provide biometric smart cards to financial institutions and other card issuers.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International