8 technologies that promise to change the way you pay bills

  1. Electronic “smartphone”

The smartphone prototypes were developed by Diebold Nixdorf, which says it operates half the ATMs in the country and is the leader in this market.

Called “Essence,” it uses wireless technology and allows, for example, account holders to program withdrawals through the internet, which can be withdrawn even by those who do not have a bank account, by means of a QR code and a token , Generated in the cell phone.

The minimalist design was possible because the box has no keyboard for password entry (on-screen process), tape card reader (read by EMV, non-contact payment technology) and receipt printer (which are issued Electronically).

The company says that “many banks” in Brazil and abroad have become interested in the concept, but do not disclose the negotiations. Nor has it estimated a deadline for it to actually be available to the consumer.

  1. Pay toll on wrist

MasterCard has announced at Ciab a solution that will allow drivers to pay for tolls with an NFC-equipped, proximity-to-communication bracelet.

The bank that issued this device will be Santander and the acquirer (the processing machine company), Stone.

The first toll terminals that will accept the system will be those of Ecorodovias. Transactions can also be made by smartphones that have digital wallets and non-contact payment and credit cards.

MasterCard has not disclosed how long the product, which is under development, is expected to hit the market. The novelty will be useful for motorcyclists who, unlike car drivers, do not yet have devices attached to the vehicle that make toll payments automatically.

  1. Cell phone and credit card accepted on bus and subway

MasterCard is also testing, for the same type of NFC technology, a system that allows users to pay for subway and bus passes with credit, debit, or prepaid cards or the mobile phone. It works only by approximation, without the need to enter a password.

To operate, the cards need to have EMV, non-contact payment technology. The resource is already under test in a pilot phase in São Paulo (by bus of the Diadema-Berrini line), in Rio de Janeiro (in the trains of the stations of the Deodoro line), and in some buses of Curitiba and Porto Alegre.
MasterCard does not open how many people have already tested the novelty.

  1. Car that pays fuel and parking

Along with Honda, Visa is developing out-of-country car-integrated applications that will enable the driver to pay for fuel and one-click parking right from the dashboard.

The fueling app will detect when the fuel level is low and indicate nearby stations, for example, and calculate how much it will cost to complete the tank as soon as the car stops at the pump.

The parking lot will automatically calculate the usage time and price to be paid for the parking space, right on the dashboard of the car.

The solutions are also being developed in partnership with the Verifone payment security company and the ParkWhiz parking booking app.
They will use Visa Checkout, the company’s online payment service. There is still no ready model of the car connected and there is no forecast for launch. Visa has no such initiatives in Brazil.

  1. Selfie which is ‘password’

All customers of the Brazilian digital bank Neon who have Visa cards can now validate their purchases online through a selfie.

When opening an account at the bank, in addition to sending a photo ID or driver’s license, the client needs to register a numeric password, his digial and a selfie (for facial recognition).

This photo is stored in the database of the bank. When the consumer makes the purchase and sends the selfie, the system of security and authentication checks if it corresponds to the photo registered.

 

  1. ‘One way’ to pay

The biometric solutions company Aware presented in Ciab some solutions that promise to certify that in fact it is the customer who is making a transaction identifying patterns in their behavior.

For example: when registering a password, the system will measure the exact way the user types, through pressure and speed, that characterize a unique way. If another person tries to pass through this consumer, the operation is blocked.
The technology is focused on purchases made on tablets and cell phones online and can be cross-browed with face recognition and voice capabilities.

According to Aware, other security devices are still capable of discerning a person from photos or videos. The company says there is a Brazilian bank interested in solutions and expects they will hit the market in the second quarter of this year or early 2018.

Microsoft already provides a similar technology for banks, including in Brazil. In partnership with the company Amiggo, the giant sells a solution that identifies patterns of navigation on the internet. It runs on Azure, the cloud of Microsoft.
Called biocatch, the feature maps how each person drags the mouse or touches his or her finger on the smartphone screen. Based on these data, the system creates a unique cognitive signature for each user.

When a fraudster tries to conduct a transaction, the differences in behavior pattern are identified and an alert is sent to the bank’s IT, which blocks the transaction.

Microsoft does not disclose which banks already use the product in Brazil but, on Amiggo’s website, Itaú is singled out as one of its partners.

  1. Link Payment

Cielo has a system that allows small businesses to pay for their products through a link to payments on the internet, without the need to have a complete virtual store
.
It works like this: the entrepreneur registers the product in a platform that generates an electronic address, that can be sent by any channel (social networks or messages). This link directs you to a specific page on Cielo’s website, where the customer registers their information and makes the payment. The system processes transactions by debit, credit, billet and bank transfer and accepts all major card banners.

The feature was launched late last year and is already used by about 150 small businesses and freelancers. There is no fixed fee to make the service available, but fees are charged for each sale completed.

  1. Assignment of accounts by WhatsApp

Banco do Brasil has made available in its application a new functionality that allows to share information for transfers by SMS or WhatsApp.
By accessing the “Pay and Receive” option within the app, the customer informs a value and a date for receipt. Then, the system generates a QR code containing this data and the numbers of your agency and account. This code can be sent to anyone who will transfer the money. When you access it, the person responsible for the transfer is directed to the secure environment of the BB app and needs to enter your current account password to confirm the transaction.

The solution enables the same event to be shared between two or more people, making it easy to distribute restaurant bills and transport services, for example. But it only works if everyone has an account with Banco do Brasil.

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