The invention relates to a mobile payment device convenient and reliable for use based on face recognition. The mobile payment device comprises a bottom plate, a main body, a protection mechanism andtwo watchstraps. The device comprises a driving module, a protection plate, a hinge module, and two transmission modules; the transmission module comprises a rotating shaft, a first bevel gear, a movable block and a strut; a notch is formed on the main body, a display mechanism is arranged in the notch, and the display mechanism comprises a display screen, a direction-adjusting module, a lifting plate and a lifting module; the direction-adjusting module comprises a support block, a steel ball, a support rod and a plurality of direction-adjusting units; the direction-adjusting unit comprises anabutment rod, a magnetic board and an electromagnet; the mobile payment device convenient and reliable for use based on face recognition drives the protection plate to rotate through a protection mechanism, thereby facilitating the protection plate to cover above the main body to protect the display screen, not only that, the angle of the display screen is regulated through a display mechanism, so that display screen directly faces a code scanner to conveniently perform the scanning payment, the use of the equipment is more convenient, and the practicability of the equipment is improved.