Sberbank CEO German Gref said that by the end of 2023, hundreds of thousands of terminals in Russia will be equipped with a service that makes it possible to pay “with a smile” using facial biometrics.
Gref answered the question of whether customers of any bank can make payments as follows: “By the end of this year, hundreds of thousands of terminals will be equipped with the ability to pay using biometrics, and this service will be available only to our customers for now.” Using the “smile” payment system if their biometric information is added to the Unified Biometric System (UBS).
As the businessman noted, EBS does not cancel commercial biometric systems and will be integrated with the state system in Russia, as in the rest of the world.
According to Gref, EBS is currently in the phase of active implementation, and when it is completed, it will be possible to talk about its availability for customers of other banks.
The head of Sber reminded that the bank has been actively promoting the payment system with a smile since the beginning of 2023. So, in August, Sberbank began paying for purchases face-to-face at 15 thousand self-service checkouts in X5 Group networks, and then in all ABC of Taste stores.
To activate a new payment method in the mobile application, you need to enable facial recognition service in your profile, select a payment card and create a security code. From now on, you can pay for your purchases by looking at your smartphone’s camera.
Sber customers increasingly began to pay for purchases using biometrics, the bank’s press service reported. Since June 2023, when the bank started developing the “Payment with a Smile” service, Russians take advantage more than half a million times.
Earlier today Sberbank spent supervisory board meeting.