Systems and methods for biometric payments

1. A method for conducting biometric payments comprising:

receiving, by a merchant backend comprising at least one computer processor, transaction information from a merchant terminal comprising an identification of a good or service to purchase;

receiving, from a mobile electronic device associated with an individual, a spoken payment phrase from the individual captured by a microphone on the mobile electronic device;

extracting, by the merchant backend, a voice biometric from the spoken payment phrase;

identifying and authenticating, by the merchant backend, the individual by matching the extracted voice biometric to a registered voice biometric in a database of registered voice biometrics;

identifying, by the merchant backend, a payment account from the spoken payment phrase;

requesting, by the merchant backend, a payment token for the payment account from an issuer;

receiving, by the merchant backend, the payment token from the issuer; and

providing, by the merchant backend, the payment token to the merchant terminal.

2. The method of claim 1 , wherein the transaction information further comprises at least one of a terminal identifier and a merchant identifier.

3. The method of claim 1 , wherein the spoken payment phrase further comprises video of the individual speaking the spoken payment phrase.

4. The method of claim 3 , wherein the video comprises a plurality of images.

5. The method of claim 1 , further comprising:

receiving, by the merchant backend, a location of the merchant terminal; and

receiving, by the merchant backend, a GPS signal from a plurality of mobile electronic devices including a mobile electronic device of the individual;

wherein the merchant backend further authenticates the individual based on the location of the merchant terminal and a current GPS signal of the mobile electronic device.

6. The method of claim 1 , further comprising:

receiving, by the merchant backend, an image of the individual;

wherein the merchant backend further identifies and authenticates the individual based on the image of the individual.

7. An electronic device, comprising:

a computer processor; and

a memory storing a backend computer program;

wherein the backend computer program is configured to:

receive transaction information from a merchant terminal comprising an identification of a good or service to purchase;

receive, from a mobile electronic device associated with an individual, a spoken payment phrase from the individual captured by a microphone on the mobile electronic device;

extract a voice biometric from the spoken payment phrase;

identify and authenticate the individual matching the extracted voice biometric to a registered voice biometric in a database of registered voice biometrics;

identify a payment account from the spoken payment phrase;

request a payment token for the payment account from an issuer of the payment account;

receive the payment token from the issuer; and

provide the payment token to the merchant terminal.

8. The electronic device of claim 7 , wherein the transaction information further comprises at least one of a terminal identifier and a merchant identifier.

9. The electronic device of claim 7 , wherein the spoken payment phrase further comprises video of the individual speaking the spoken payment phrase.

10. The electronic device of claim 9 , wherein the video comprises a plurality of images.

11. The electronic device of claim 7 wherein the backend computer program is configured to:

receiving a location of the merchant terminal;

receiving a GPS signal from a plurality of mobile electronic devices including a mobile electronic device of the individual; and

authenticate the individual based on the location of the merchant terminal and a current GPS signal of the mobile electronic device.

12. The electronic device of claim 7 wherein the backend computer program is configured to:

receive an image of the individual; and

identify and authenticate the individual based on the image of the individual.