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October 12, 2016 10:00 pm

China's Alibaba Has a New Payment System That Lets Virtual Reality Shoppers Pay By Nodding

If providing your credit card details (or a few clicks) is too much a hassle for you, China's Alibaba may have a solution. The company today demonstrated a payment service called VR Pay, that allows virtual reality shoppers to pay for things just by nodding their heads. Reuters reports: VR Pay, the new payment system, is part of Alibaba's efforts to capitalize on the latest technology in online shopping. In 2015, for example, it introduced a facial recognition technology for Alipay mobile payments service advertised as "pay with a selfie." The VR payment technology means people using virtual reality goggles to browse virtual reality shopping malls will be able pay for purchases without taking off the goggles. They can just nod or look instead. Lin Feng, who is in charge of Ant Financial's incubator F Lab that has been developing the payment service over the past few months, told Reuters: "It is very boring to have to take off your goggles for payment. With this, you will never need to take out your phone."

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