Business · Companies · 2 hrs ago
Toss Face Pay handled 7,000-plus payments at Seoul bakery fair
Toss Place used its Face Pay service at a bakery fair held in Seongsu, Seoul, from October 30 to November 1.
The event, called Bbangryeok Market, brought bakeries from across South Korea together, and visitors queued to get in.
Face Pay lets customers pay by facial recognition without taking out a wallet or phone.
It handled more than 7,000 payments, about 56% of all transactions during the three days, and 32% of its users were trying it for the first time.
Toss Place said the service helped reduce checkout queues, while discounts were also offered at the fair and nearby businesses.
The company plans to bring Face Pay to more events and pop-ups and encourage its use at local shops.
Toss Place said its Face Pay service handled more than 7,000 payments at the Bbangnyeok Market bakery fair in Seoul over three days.
Face Pay accounted for about 56% of all payments at the event, and 32% of its users were trying the service for the first time.
The fair was held jointly by Toss Place and bakery curation outlet Bbang Morning from October 30 to November 1 in Seongsu-dong.
Toss Place said face-recognition payments helped reduce queues at the busy event.
The company also offered discount coupons and said 108 local businesses in Seongsu took part.
- Who
- Toss Place and bakery curation outlet Bbang Morning jointly held the fair.
- What
- The Bbangnyeok Market bakery fair used Toss Place’s Face Pay service for payments. Face Pay handled more than 7,000 transactions.
- When
- October 30 to November 1. Toss Place announced the results on November 3.
- Where
- Abyss Studio in Seongsu-dong, Seoul.
- Why
- Toss Place said face-recognition payments helped reduce waiting times and aimed to give visitors experience using Face Pay.
This story does not have two clearly opposing sides.
Toss Place and Bbang Morning held the Bbangnyeok Market bakery fair at Abyss Studio in Seongsu-dong.
Face Pay handled more than 7,000 transactions, about 56% of all payments.
Toss Place announced the fair’s payment figures and said Face Pay helped reduce waiting times.
- Face Pay transactions
- More than 7,000
- Share of all payments
- About 56%
- First-time Face Pay users
- 32%
- Fair dates
- October 30–November 1
- Participating local businesses
- 108
- Discount coupon value
- Up to 10,000 won for Face Pay; 2,000 won at participating Seongsu businesses
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What people are saying
Toss’s Face Pay showed its strength especially at a festival where many people gathered
Since payment is completed quickly with just face recognition, the line waiting to pay quickly shortened