REVOLUT TESTS FACIAL RECOGNITION PAYMENTS AT UK COFFEE SHOPS

The pilot allows customers to pay for purchases by scanning their face at checkout, eliminating the need for cards or phones. Revolut's system integrates facial biometrics directly into the payment terminal. The trial with Kiss the Hippo marks Revolut's expansion beyond consumer banking into merchant services. The company aims to attract small and medium-sized businesses by offering streamlined checkout experiences. Facial recognition payments remain relatively uncommon in retail, though some retailers and fintech firms have tested similar technology. The system requires customers to register their faces and payment details in advance. Revolut has been diversifying its business model to reduce reliance on consumer subscription fees. The POS system represents another revenue stream through merchant partnerships. The UK pilot precedes a broader rollout later in 2024, though specific timelines and additional retail partners remain undisclosed.