Wirecard has introduced a new biometric payment approach enabling consumers to check out in stores by scanning their palms.
Consumers will be able to scan their palm to check out at stores equipped with smart terminals, Wirecard said in a Wednesday press release.
The palm-scanning technology augments Wirecard’s existing facial-recognition payment approach introduced last year, according to the release.
Wirecard’s palm-scanning technology could enable payments in cashless shopping locations, along with admissions to music festivals, sports events, travel and mass-transit, the company said in the release.
Registered consumers would pay by placing their palm on a biometric scanner at the point of sale or turnstile for identification, triggering a real-time payment via Wirecard’s digital Financial Commerce Platform, the release said.
“We strongly believe biometrics will follow smartphones as a major means of payment and replace passwords in the future,” said Jorn Leögrande, Wirecard Labs’ executive vice president, in the release.
Japan's JCB early this year said it's
