๐ The future of payments is shifting towards biometrics, such as face and voice recognition.
๐ฑ๐ธ Biometrics offer a convenient and secure way to authenticate payments from devices like mobile phones.
๐ Voice payments through home assistants like Amazon Echo or Google Home are becoming popular for making purchases without leaving the house.
๐๏ธ Teaching computers to understand voice and match it to identity enables voice shopping.
๐ 35% of consumers use voice assistants to purchase products and voice shopping market is expected to reach $40 billion in 2022.
โ๏ธ Amazon, Google, and Microsoft dominate the voice shopping market.
๐ก Biometrics can make payments safer and more secure.
๐ฒ 93% of consumers prefer biometrics over traditional passwords.
๐๏ธ Voice payments may become mainstream in the future.