Pay your bills with your face. Keep smiling.

Pay your bills with your face. 

Like fingerprints, facial recognition software is even more foolproof and whilst it has been in development for things like security access at Banks, Hospitals and so on, it has never been used for payments.

What happens is that the payment provider holds your encrypted credit card data and your facial features. When you go to pay for something, you simply look into a camera (like at an Airport), it recognises you, clears the payment and you just click 'ok'.

So no need for plastic, no need for cash. Ideal if you're abroad or just stuck somewhere. Furthermore, it has big implications as it develops, for credit card issuers like Visa/Amex. It also has implications for currency exchange businesses and banks.

Developed by a Finnish company, Uniqul, it has been tested in Helsinki according to Mashable. But of course, the key here is the cost and uptake of the camera kit by retailers. You need retailers onside first and foremost and then the confidence of consumers.

But people will like it once they see it works and have used it once. It's a much easier way to pay and the initial intrigue, will drive it on. Furthermore, it should be more secure and overcome credit card theft and ATM phishing frauds. So it's a safer way to pay.

The world just changed.