April 25, 2024

Paying With Your Face Is Hard Sell…

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Ant Group Co., which revolutionized China’s payments industry, is learning how hard it is to separate people from their mobile phones. Three years ago, the financial-technology giant controlled by billionaire Jack Ma embarked on an ambitious and costly effort to install facial-recognition devices at retailers that would allow people to make payments by smiling at a screen without having to use their phones. In April 2019, Ant’s Alipay network said it would spend as much as 3 billion yuan, or the equivalent of about $439 million,…

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