Japan’s facial authentication payment systems are rapidly expanding, driven by the integration of the My Number Card digital ID with Apple Wallet and regulatory reforms that enable mobile identity verification, setting the stage for a $31.2 billion market by 2032. The growth reflects broader Asia-Pacific and global trends, driven by post-COVID demand for contactless payments, advancements in biometric technology, and increased consumer acceptance of facial recognition. While the surge offers benefits in efficiency and fraud prevention, regulators are balancing innovation with privacy safeguards as Japan positions itself at the forefront of biometric payment adoption and digital transformation.
Japan’s Facial Authentication Payment Systems Surge as Market Set to Reach $31.2B by 2032
