London restaurant and bar, Proud Camden, has struck a deal with biometric solutions firm Sthaler to implement its Fingopay technology, which uses customers’ finger veins to authenticate payments.
Launching today, the roll-out of the finger vein technology, the first of its kind in the UK, will seek to reduce queue times and make transactions more secure.The technology builds a 3D map of the veins within a finger, creating a natural personal key. The chance that two people have the same vein structure is 3.4 billion-to-1 – Sthaler claims that there is no higher mathematical certainty of proving someone’s identity.
Nick Dryden, CEO of Sthaler, said: “The introduction of Fingopay at Proud is an important milestone for both Sthaler, and the sector as a whole. There is no more accurate or efficient biometric available today, meaning that the use of finger vein technology for payments and loyalty, will be both quicker and more secure.
“By removing the need for cash, smartphone or card, this technology will transform the customer experience at Proud Camden. It is quicker, easier and more rewarding too as every customer automatically gets 10 per cent cashback to spend on their next visit.”
The use of biometric technology is becoming more and more popular, with Mastercard recently announcing the launch of ‘selfie pay’ in Europe, a move designed to speed up the online checkout process for customers who can verify their identity by taking a selfie photo.
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