Alibaba launches 'VR Pay' service that lets paying bills by nodding their head - chaprama | Insights from the world of Technology and Lifestyle

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Saturday, October 29, 2016

Alibaba launches 'VR Pay' service that lets paying bills by nodding their head

Alibaba launches 'VR Pay' service that lets paying bills by nodding their headWhile India is facing threat of stealing credit and debit card information, many people are having concerns of using their credit cards or debit cards for the physical transactions. As many of you are aware, security information of about 6lakh cards are stollen and banks suffered a huge distress and immediatly blocked all the cards and asked customers for replacement.

In this scenario, the largest e-commerce comapny Alibaba has invented a very innovative mode of payment that involves no physical cards or physical passwords. According to the company, Called 'VR Pay', the innovation lets individuals utilizing virtual reality goggles to pay the bills without removing the goggles. They can simply gesture or look. The clients' character is checked utilizing the record logins on associated gadgets or through voice print innovation that perceives their interesting voice. Clients still need to enter a secret word, which they can do "with head developments, touch, or by gazing at a point on virtual show for longer than 1.5 seconds".

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