Connect with us

Hi, what are you looking for?

Jewish Business News


Israel’s Preciate Offer Facial Recognition for… Sales

Store will soon identify customers by their faces the moment they enter.

Eyal Fisher Preciate

Israeli startup Preciate can help your business with sales through the use of facial recognition technology. Preciate specializes in integrating facial recognition technology for retail and related brands. The company focuses on both – integrate facial recognition with loyalty clubs and “Pay by Face” technology.

Founded in 2018 by Avi Naor and Eyal Fisher, Preciate offers the Pay by Face payments solution. This one is self-explanatory. People merely upload a selfie and the system provides their image to the various companies. This allows them to know exactly who they are working with in order to tailor their services for the specific customer. They also will know that they have the right person when submitting a charge.

Consumers get a big advantage out of this as well. They will no longer need to go through all of the long stages, filling out the payment form, looking for the verification code on the back of a credit card and hoping that they did not make a typo requiring them to start the process all over again. For the user, their face is their charge card and their billing information is saved in the system.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

They also have a customer loyalty program. This provides shopper identification, statistics, and preferences in real time as the shopper enters a store. Preciate boasts that its platform provides “unique insights and opportunities to drive omni-channel loyalty with exclusive in-store experiences.”

Preciate’s CEO Eyal Fisher told Calcalist, “The most important person in the store is the salesperson and they are being told to go and sell products even though they aren’t given the tools to do so, with all the data stuck behind the scenes.”

So Fisher explained that with his tech a store will know who it is walking in their front door, whether he is a big customer who owns his own business, what he usually buys and what his interests are.

Fisher explained that retail stores should be identifying the customer, “as they enter the shop at the beginning of their customer journey and not at the end, and make special offers at that stage that will encourage them to extend their membership.”

But will consumers want to be under such close scrutiny everywhere they go? It is one thing to offer an easier way to pay, but another to have stores not only film you when you enter, but also have big brother knowing all about you. A lot of people find the idea of all this to be creepy. Consumers would want to be able to opt out of some of the aspects of Preciate’s service.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.