Shopping Tech

PSI-Pay Creates Contactless Payment Technology Introduces a New Consumer Payment Options

PSI-Pay is being introduced into the U.K., Europe and other parts of the world. This is a cashless form of electronic payment that consumers can use to purchase select goods. PSI-Pay cashless payment system is being called contactless payment. Users will be able to use a ring or a mobile device to make swipe payments at terminals that will accept this form of payment. Some churches in England have even adopted this technology for tithes and offerings.


PSI-Pay is not any thing new. This form of technology has been around for some time. Companies such as Apple have already been using it, but it did not catch on with most American consumers. European consumers also had some experience with this technology years ago. However, European consumers did not gravitate toward the technology. This time around, this payment system is supposed to be more widespread and easy to use by consumers who are showing an interest in this form of payment.


Consumers will benefit from PSI-Pay because it will make it easier for them to make payments. They will not have to worry about carrying cash around or waiting for a credit or debit card to be validated. Users will still need to provide PINs and chips to complete transaction processes. This is a form of safety for users and it will also allow consumers to track their transactions on their phones through a banking application.


PSI-Pay is a Fintech company that provides digital account and payment facilities for businesses and organizations. This technology can be utilized at 38 million locations across the world. Users will also be able to utilize their accounts through debit or credit card or by bank transfer. They can also utilize PayPal or manually load money onto their mobile device or ring. They will can even set up service through an auto top-up feature. PSI-Pay is expected to revolutionize consumer payments and European financial markets in the near future.

The emergence of visual searches and their integration in our lives

Have you ever seen a picture on the web and can’t find where its from or who took it? I personally get it a lot with people posting pictures of art with a tag line “Oh my god I love this!” but there’s no artist name, no title. Mildly infuriating.

Luckily image-searches are becoming popular: Google has a well known one, and if you’re using Chrome as your browser you can right click on most images for the option “Search Google for this image” and if you’re lucky, you’ll end up with the original source and possibly some additional sizes or variants.

If you have a Facebook, you may have been surprised (or even a bit creeped out) when Facebook knew how to tag your photos based on facial recognition. From recognizing art in Google Images, to identifying your friend’s face in Facebook, the image recognition era has begun.

But what about seeing things in real life and at a moment’s notice? For instance, there’s apps out there where you can take a picture of a wine bottle label, and it will search archives for reviews and other information. Pretty cool, especially given the myriad of wine types and flavors thrown at us in liquor or grocery stores.

But what if you could do that with nearly any product? Fashion, clothes, furniture or even home improvement items? Ever see something someone is wearing and absolutely have to have it? Or at the very least see where you can get it? There’s a company called Slyce that will help you with just that. It allows users on to take photos of things in real life and search for product recognition. When a match is found the price tag is there and an easy to use checkout is enabled.

We’re seeing a full integration between daily life and the “cloud” take place in this decade. With companies like Slyce bringing what you see out in the real world into your own home at the click of a button, it’s not far fetched that soon everything is going to be at our fingertips.

The Advent of AI and Visual Searches

The online world has grown throughout the years with more applications and software getting into the business sector. Researchers from MIT found that there are a number of organizations that have been created to solve innovative needs that have hit the business sector in the past. Diverse tools have likewise been made to make it simple for clients to look for items and conduct other business on the web. The researchers think that with these improvements, organizations that are online-based will have an easy time selling their wares because of the advent of the AI and visual search on technological advances. These are apps that permit clients to effortlessly find items and shop for the same without having to describe it in detail. Picture searching on Slyce permits you to take a photo of any item, which will then be used to hunt down other comparative items without essentially typing words like conventional search tools require. These applications are made with artificial intelligence properties that perceive the similarity that exists between items.

According to the developers of Slyce, shopping has been made less demanding with AI and visual search tools as the list of items will be submitted to the user faster and only the relevant items will be displayed. The Slyce app works on all smart phones and web browsers. The organization offers interesting features that can be used alongside the application. These include tips and suggestions that will allow users to get the items they require in the most accurate form. For the users, this visual search app has enabled the purchase of more items than the conventional text-based search. Slyce has worked with top programmers, and specialists in the technology arena and they have dealt with the concept of visual searches taking the way we shop to another level.

Slyce has put a lot of resources into the region of application development and improvement, mostly concerning the visual search app and AI. The organization has acquired the capacity to outline this application that allows the use of camera photos, book covers and more and many sites have received the app and attached it under their hood. Slyce offers retailers both the capacity and guidelines on the best way to adequately deal with the software for the purpose of clients. They also offer consistent support and maintenance to guarantee the visual search application matches the necessities of the clients at any given time.