According to sources a Virginia, US based technology company Daon, has developed technology that can be deployed on Alexa to make money transfers through a voice command and Alexa will comply. Meanwhile the payment could cover any purpose, paying the rent to your landlord or lending a small amount to your friend. But there will be conditions attached.
Further when speaking of Daon, they are credited with developing the bio metric software for governments and for banks, including the “Selfie pay” technology for Master card. Though Daon is not able to name any specific banks that have signed up for this money transfer technology through Alexa, it believes it will happen over the next few months.
Moreover the new payments feature on Alexa,
when it is introduced commercially will come in direct competition to a host of
such services being offered by Venmo, PayPal, Square Cash, Zelle and Apple Pay
Cash. Furthermore the process, however, will not be as simple as one would
assume, as there would be at least 3 or 4 steps before Alexa accepts your voice
command to make the money transfer.
