Fintech
Face payments become normal in Korea
Toss has signed up 4.8mn people for FacePay in South Korea since September, with scanners already in about 330,000 retail locations. The story is bigger than checkout convenience: biometric payment becomes infrastructure once consumers, merchants and regulators all accept the trade-off. Facial data may be harder to steal than a code, but it cannot be replaced like a password.
Source: FT