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Naver Pay in talks to showcase facial recognition payment to NVIDIA CEO Jensen Huang during South Korea visit
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Technology

Naver Pay in talks to showcase facial recognition payment to NVIDIA CEO Jensen Huang during South Korea visit

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • Naver is reportedly in discussions with NVIDIA CEO Jensen Huang regarding the potential use of its facial recognition payment service.
  • This development coincides with Huang's visit to South Korea, where he is scheduled to meet with leaders of major domestic companies.
  • The move is seen as an effort by Naver Pay to showcase its key services during Huang's high-profile visit.

Naver Chairman Lee Hae-jin may demonstrate Naver's facial recognition payment technology to NVIDIA CEO Jensen Huang during his visit to South Korea. Discussions are reportedly underway between Naver Pay and the tech giant about the potential integration or demonstration of this service.

The meeting between Huang and South Korean business leaders, including a highly anticipated "pork belly" dinner, is drawing considerable public attention. Amidst this spotlight, Naver Pay appears keen to highlight its innovative payment solutions, particularly the facial recognition system, which could represent a significant advancement in contactless transactions.

This initiative by Naver Pay is seen as a strategic move to leverage Huang's high-profile visit. By showcasing its capabilities, Naver aims to position itself at the forefront of payment technology, potentially attracting further investment or partnership opportunities. The discussions signal Naver's ambition to integrate advanced biometric authentication into its widely used payment platform.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.