Have you ever made payments only using your voice? Most people have at least given their credit card number out over the phone or have used automated phone payment menus – although the latter often leaves people shouting "REPRESENTATIVE!!!" at their phone attempting to interface with a human being.
Significant advancements in voice recognition technology are enabling more natural forms of voice payment that don't require a stilted script and specific words for a reply. As a result, voice payments are projected to take a huge leap in the near future.
A research report by BI Intelligence, the research service arm of Business Insider, found that 18 million American consumers have made a voice payment at some point. BI projects that over the next five years, that number will almost quadruple – from 8% of consumers to 31%. The report cites three driving factors – advances in artificial intelligence (AI), a massive increase in voice-enabled devices, and "a stron...
from MoneyTips https://www.moneytips.com/voice-payments-101
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