Voice Commerce launches speech reconition payments network
Monday, December 15th, 2008Voice Commerce Group, a UK start up, has launched its VoicePay service that allows customers to purchase products simply by speaking.
Users must first sign up with VoicePay and create their speech signature, which is linked to their bank details. Payments can then be made by simply calling a number and spitting some freestyle rap (not really - just your name, and ‘voice pay’).
The system is fraud-proof in that it contains technology that prevents recorded voices being used to mimic the true account holder.
Nick Ogden, founder, Voice Commerce Group, says: “Our voice signatures overcome the challenges of using other payment tokens or mechanisms because they do not require additional devices, passwords or pins and, after all, consumers now carry their own voices as well as their mobile phone wherever they go.”
Check out this video demonstration:
Working in over 50 countries, with the support of Mastercard and Visa, VoicePay is a hot new UK product to keep your eye on.
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