News

Pay By Palm?

For some people paying by phone is already the last big thing, and they've moved on to paying by palm.

Swedish students are now paying with the palms by using Quixter, a truly unique POS device that authorizes payments by scanning the unique patter of blood vessels in an individual's hand.

"We had to connect all the players ourselves," says Fredrik Leifland, the company's founder, reports cNet. "which was quite complex: the vein-scanning terminals, the banks, the stores and the customers. The next step was finding ways of packaging it into a solution that was user-friendly."

Leifland is an engineering student at Lund University in Sweden.

There are currently 15 stores and restaurants around the Lund University campus with the vein-matching biometric scanners installed.

 

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

Click to comment

TRENDING RIGHT NOW