TIER is focusing on AI technology and plans to apply a facial recognition AI payment system. The facial recognition payment method applied to TIER enables simple and secure payments at no or low cost regardless of device. It also enables hands-free payments without the need for smartphones, credit cards, or cash, providing a simple payment experience for users and reduced labor and operating costs for merchants. It aims to apply its independently developed artificial intelligence-based facial recognition payment system throughout South Africa and Africa. We plan to launch the system in Q4 2023 and expand and stabilize the service in Q2 2024.
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