Stripe and NEC Corporation have begun exploring the integration of the Stripe Reader S700 payment terminal, part of the unified commerce solution Stripe Terminal, with NEC’s face recognition payment service.

The collaboration aims to combine Stripe’s payment infrastructure with NEC’s facial recognition technology, known for its high authentication accuracy*, to enable secure, hands-free payments and improve customer convenience.

The face recognition payment experience will be demonstrated using the Stripe Reader S700 at the Singapore Fintech Festival from 12 to 14 November.

Stripe Terminal is a unified commerce solution that connects in-store and online payments through a single platform, offering real-time customer insights across channels.

Available in 25 countries, the Wi-Fi-enabled Stripe Reader S700 supports both countertop and handheld use and is designed for ease of operation.

“Through this collaboration, Stripe is proud to support NEC’s world-renowned face recognition technology, enabling its use for payments through our unified commerce solution, Stripe Terminal,”

said Daniel Heffernan, Product Lead of Stripe Japan.

“By taking this step, we aim to enhance the shopping experience for consumers around the world.”

“NEC is confident that the advanced customisability of the unified commerce solution Stripe Terminal will help to address a wide range of challenges in face-to-face payment scenarios,”

said Kazuhisa Shimizu, Corporate Senior Vice President and Managing Director of NEC’s Financial Solutions Division.

“By combining NEC’s face recognition technology with Stripe’s global payment platform, we aim to provide a new payment experience and create a world where everyone can safely and conveniently use digital technology.”

Featured image credit: NEC