FaceCash

An earlier smartphone payments system from Think Computer Corporation, Palo Alto, California that replaced the plastic debit card. Anyone with a smartphone could use it by opening and depositing funds into a FaceCash account. When making a purchase at a store, the merchant scanned a barcode displayed on the phone, and a photo of the customer's face was sent to the cash register for visual ID. A mobile app could also store the barcodes from other loyalty and ID cards. See Web payment service.

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Web payments service

References in periodicals archive

law led FaceCash to withdraw from doing business in the state).

FaceCash, now defunct, was an innovative payments start-up that created

What's in your mobile wallet? An analysis of trends in mobile payments and regulation

FaceCash is a particularly colorful example of how difficult it can

The user could pay by opening the FaceCash mobile app and

user's photograph (hence, FaceCash) and complete the transaction.

FaceCash decided to proactively apply for a license, but soon ran into

denied any other kind of license for any reason." (72) FaceCash

venture (as FaceCash did) or terminate services in states with tougher

Fatal fragments: the effect of money transmission regulation on payments innovation

For example, the payments startup FaceCash created a mobile application that enabled participating merchants to view a photo of the consumer before approving a POS purchase (Hernandez 2010).

"FaceCash Adds Coupons To Its Mobile-Payment Application," PaymentsSource, Dec.

Mobile payments: what's in it for consumers?

Aaron Greenspan, a former Harvard student who owns a mobile payment system called FaceCash, asked for more time to oppose the application, but never filed any objection within the extended time period.

Facebook moves closer to trademarking 'face'

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