Company Market Research Report: PopID

Company Overview

• Name: PopID

• Mission of the Company: PopID aims to be the universal gateway for verifying an individual’s identity based on facial and palm biometrics for applications such as loyalty and payment.

• Founded: Incubated by Cali Group, a retail technology holding company. (No specific founding date provided.)

• Key People:

• John Miller, CEO

• Ashish Gupta, CTO

• Kourosh Gohar, President of PopPay SMB

• Sean Olson, CFO

• Tony Lomelino, Head of Operations

• Evan Grant, VP of Compliance

• Headquarters: No specific headquarters information is available.

• Number of Employees: No information is available.

• Revenue of the Company: No information is available.

• What the Company is Known For: PopID provides a comprehensive platform for revolutionizing digital interactions and payments using consumer-initiated biometric verification.

Products

• Face and Palm Verification Platform:

• Description: PopID’s platform enables consumers to identify themselves quickly and easily using facial or palm recognition for checking in, earning loyalty, ordering, and making payments.

• Key Features: Personalized, secure, streamlined experiences; enhanced security with FIPS 140-2 validated security modules.

• PopPay Solutions:

• Point Of Sale (POS):

• Description: A hybrid system with a customer-facing screen for direct order placement.

• Key Features: Increased productivity and reduced labor costs.

• Payment Terminal:

• Description: Works alongside third-party POS for enabling PopPay and digital currencies.

• Key Features: Quick setup and multi-payment method acceptance.

• Kiosk:

• Description: Automates customer check-ins and payments using PopPay.

• Key Features: Increases throughput by 25% and ticket size by 4%.

Recent Developments

• New Products Launched: No information is available.

• New Features Added to Existing Products:

• Security Enhancements:

• Product, operational, device, and data security measures compliant with PCI-DSS with end-to-end encryption.

• PopID’s bug bounty program partnership with HackerOne for additional customer data protection.

• New Partnerships:

• J.P. Morgan Payments and PopID are expanding biometric offerings.

• Partnership with Redrock for multimodal payments.

• Network International and Carrefour implementing PopID's platform in UAE.

• Partnership with QNB in Qatar for launching a facial payments solution.

• Collaboration with Toshiba Global Commerce Solutions for biometric-enabled POS and self-checkout systems.

• ASM Global partnership for biometric payments and ticketing for stadiums.

Press and Recognitions

• PopID’s technology has been highlighted in various press releases as an innovative step in biometric payments in multiple industries, including restaurants and global events.

• PopID is recognized for being part of technological advancements at events such as the FIFA World Cup Qatar 2022 and installations at restaurants for COVID recovery solutions.