Fintech to start impacting Small Businesses with FacePay

The same technology that unlocks the new iPhone X is being piloted by UnionPay as a payment solution for small businesses, another sign of fintech's impact on financial services.

It's convenient for businesses with stand-alone kiosks or vending machine-type setups, and convenient for customers who want an alternative to cash or cards -- no more cards to carry, signatures, or ID verification needed.

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