Leading Japanese card network, JCB has announced it will test the potential applications of palm vein authentication technology from Fujitsu for cardless purchases at ATMs and point-of-sale (POS) terminals. The new test comes after results from an internal experiment found that the technology could be used to food and beverages at the employee cafeteria in JCB’s headquarters.
Commenting on the test, Tac Watanabe, EVP, brand infrastructure and technologies at JCB said,
“We are planning pilots in different global markets in order to develop a unique biometric-based program using the most secure accurate palm vein authentication. I am confident that this new payment method using innovative technology will be in line with the needs of JCB customers and partners around the world.”
According to Fujitsu, 470 thousand palm vein authentication devices have been shipped and are being used by over 63 million people in approximately 60 countries around the world. Biometrics and payments make a lot of sense given the sensitive financial information being shared between consumers, merchants and banks and while biometric technology is moving forward, it will still be a number of years before people on mass are paying with their hands and nothing else.
Overview Tristan Hugo-Webb, Associate Director, Global Payments Advisory Service at Mercator Advisory Group
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