W&F Q1 2023

The Next Step in Mobile Payments is Here - and it Involves Paying With Your Palm! Ingenico, the global leader in payments acceptance solutions, and Fujitsu Frontech North America (FFNA) have unveiled the future of payment, introducing the world’s most secure, accurate and seamless biometric payment solution based on palm vein identification. Ingenico has created this short video to explain this revolutionary new offering, highlighting the many benefits it can bring to merchants while it transforms the in-store customer experience. Palm vein identification is one of the most accurate biometric identification technologies in the world as every person has a unique pattern of veins in the palm of their hand. The solution is less intrusive and more secure than alternatives such as fingerprints and facial recognition, while also being easier for merchants to implement and operate. This innovation enables contactless payments and grants merchants the ability to speed up check-out, minimize the risks of fraud, and streamline the customer experience. Designed on Ingenico’s AXIUM range, its Android payment terminals, the solution allows consumers to identify themselves and authenticate their payments simply by moving the palm of a hand over a near-infra-red (NIR) sensor. There is no need to take out a credit card or enter a PIN, making your hand the only payment method necessary. The convenient, contactless, and hygienic technology has the potential to accelerate the share of cashless and digital transactions in markets worldwide. It can also offer additional security levels for organisations requesting strong identification solutions. NEWS