Alibaba's new payment system lets virtual reality shoppers pay by nodding
Alibaba Group Holdings' finance arm on Wednesday demonstrated a payment service that will allow virtual reality shoppers to pay for things in future just by nodding their heads.
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... read more
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