Artificial Intelligent Era | Smart Payment Will Be the Leader

As the backdrop of technology dividend expanding and demographic dividend declining, efficiency and costs drive all life of walks to an intelligent world. In payment area, artificial intelligence will make a huge change to payment service suppliers, and it will replace many repetitive works and reduce human interaction, promoting enterprises transform their position as a labor-intensive corporation to knowledge-intensive company.

Currently, the advantages of smart payment in artificial intelligence can be seen in the following aspects.  

Firstly, it will innovate the payment method. Represented by face recognition and biometrics technology, artificial intelligence is changing traditional payment methods, encouraging innovative payment ways and promoting relevant industries involved in payment services to reform their intelligent payment services.

Secondly, it will upgrade the customer payment experience. Biometric identity technology and other intelligent methods can provide customers a quicker, convenient and smarter consumption experience, which will further improve business services level and save labor operation costs. 

Biometrics and other intelligent methods can provide a smarter consumption experience.

Thirdly, it will improve the operation capacity. As successfully achieving the identity recognition by artificial intelligence algorithm through the cross-comparison between facial images and the pictures of network verification and customer identity cards, the artificial intelligence can strengthen owners’ service supply, improve their service efficiency and further promote their operation efficiency.

Up to now, represented by face recognition and biometric technology, the artificial intelligence can satisfy consumers' expectation to complete their payment in one POS machine, which can contain all the payment methods as a credit card, mobile payment, NFC, prepaid card and so on. Comparing with a series of problems of upgrading trouble, single function, poor expansion and interaction in traditional POS machine, Telpo Smart EFT-POS TPS900 adds its independent developed Telpo cloud platform. 

In addition, this POS machine supports 3G, 4G, and Wi-Fi, Bluetooth communication and multiple payment methods, owning a variety of functions, which make it become a professional intelligent terminal based on mobile Internet cloud service. Enterprises can apply big data analysis to store management, and increase membership management, customer marketing, data analysis, and other operational methods through cloud platform services. In addition, this POS machine adopts numerous artificial intelligence technologies such as fingerprint recognition, face recognition, and iris. It not only supports NFC payment but also increases some smart payment methods including QR code scanning, fingerprint payment and smile to pay. 

More importantly, it obtains EMV L1& L2, PCI, FCC, and other financial certification. 

The TPS900 can be extended to add fingerprints, face recognition, numeric keyboard.

Basing on the smart AI payment, enterprises can connect with their consumers, in this way; the company can accurately grasp the needing of consumers and further make precise marketing for them. It will satisfy customers' personal and situation requirements and realize the integration of online and offline scenes.

Tag: artificial intelligence, AI, smart payment, biometric technology, smart POS, fingerprint payment, smile to pay

Brief Introduction: Telpo is a professional smart payment partner who focuses on the ODM service 20 years. It mainly provides the EFT-POS, cash registers, biometric devices, face recognition machines, self-service kiosks, and bus validators. Telpo has served for more than 1000 customers abroad, including government, banks, Telecom operators, police stations, retail shops, and offices. Telpo adheres to R&D and innovation, aiming to provide more intelligent hardware for global partners.