BEIJING (CNN) - Electronic payment has been around for some time, but in China tech companies like Alibaba are giving it a new twist.
Alibaba subsidiary Ant Financial is set to launch what it claims is the world's first facial-recognition-based payment system in a KFC store in Hangzhou, China. It allows users to pay for their meals by getting a face scan which the system will try to match with existing information in the users' Alibaba payment account.
This could mark a further step forward by the Chinese tech giant in the field of electronic payment, in which China is already leading the world. The growing use of facial-recognition technology also raises questions involving data privacy.
CNN’s Andrew Stevens explains how it all works.
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