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Voice based payments are a type of mobile and contactless payment that allow users to make payments using voice commands. This type of payment is becoming increasingly popular as it offers a convenient and secure way to make payments without the need to manually enter payment information. Voice based payments are typically integrated with voice assistants such as Amazon Alexa, Google Assistant, and Apple Siri, allowing users to make payments with simple voice commands.
Voice based payments are also becoming more widely accepted by merchants, allowing users to make payments at physical stores and online. This type of payment is also becoming more secure, with biometric authentication and other security measures being implemented to protect users’ payment information.
Some of the companies in the voice based payments market include Amazon, Google, Apple, PayPal, Visa, Mastercard, and Square. Show Less Read more