FaceWallet consists of three components: Facepay FacePay allows you to use your unique image to pay at participating merchants. Scan your face at a payment terminal in lieu of a traditional signature and enjoy the convenience of secure and seamless payments while leaving your wallet at home. If you have your phone on you, then your identity will be securely authenticated via Bluetooth. You’ll never be liable for fraud and can add or delete authorized merchants through your phone. Merchants pay substantially less (.5%) than typical credit card processing charges and can choose to pass a portion of the savings (0%-5% depending on provider) onto FacePay customers as an incentive. FaceFund Invest your FaceWallet balance either risk free in US government bills or into an index fund with 0 fees and more risk. We do not charge management fees and there are no trading commissions, since we are a fund, not an ETF. To get maximum returns and lower risk, our fund allocates money between 10 year treasury bonds and S&P 500 index funds with maximum allowable leverage. This will outperform the market by as much as 100%, but introduces more risk should the market fall and interest rates rise at the same time. However, if the markets are efficiently pricing risk, holding more risk will achieve higher expected returns. Please download the app to view our past returns. FaceTransfer Send money between US and Europe at institutional exchange rates. FaceWallet allows users to withdraw their funds in any supported currency (USD, EUR, GBP) at institutional exchange rates. Institutional rates are approximately $10 per $1,000,000 withdrawn, compared to about $7,000 via TransferWiser or up to $25,000 via wire transfers that inflate exchange rates by up to 2.5%. We only pass through actual Wire, ACH or SEPA transfer fees and do not mark up exchange rate. FaceWallet for Merchants is also available in the App Store as a separate app. It is a free POS system on WooCommerce that supports all major credit cards and is configured similar to Square for fast payments. FaceWallet for merchant allows customers to pay with FacePay.