Glance Technologies Previews New Glance PayMe Features

Glance Technologies (CSE:GET) announced some of the new features of its upcoming downloadable app Glance PayMe including payments via QR code, bluetooth and digital invoice.

As quoted in the press release:

The new features will allow merchants to accept payments from Glance Pay users via:

• Quick Response (“QR”) Code
• Bluetooth (automatically detecting nearby payments)
• Digital Invoice

QR Code and Bluetooth payments will provide merchants with extraordinarily fast, convenient and secure payment options from in-person customers, while digital invoicing will enable merchants to keep digital records and accept payments from both in-person and remote customers.

These payment options will be offered in addition to Glance’s revolutionary payment by photo capability, which give merchants an unparalleled suite of payment options, as well as Glance’s full suite of features, including powerful anti-fraud technology and a robust loyalty rewards program.

“We have not seen any other products in the market with such a broad suite of payment options, which we believe, along with our rewards platform, is a powerful combination,” said Desmond Griffin, CEO of Glance Technologies. “We are very excited about the potential of these enhancements to Glance PayMe^TM, and we note that QR Code payments in particular have had enormous success in China.”

In China, popular mobile applications such as Alipay and WeChat, which feature the ability to pay by QR Code, have revolutionized commerce. According to the Wall Street Journal, the volume of mobile payment transactions in China were in excess of $9 trillion in 2017.¹

Glance also notes that Apple recently announced three new iPhone models that support Face ID facial recognition, which will increase security while improving convenience for payment applications such as Glance – helping to accelerate the transition from legacy plastic cards to mobile applications for payments.

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