Visa Europe Collab, Worldpay and Sthaler have teamed up to trial the use of finger vein technology in payments. Worldpay employees are taking part in a three-week ‘proof of concept’ at restaurant The Hub, located at the company’s London headquarters. They have registered their finger vein template to their Visa payment card using a system which goes by the name of Fingopay. From there, they are able to purchase food and drinks by scanning their finger using a bespoke scanner.
“When it comes to payments authentication, security is paramount but we also need to consider convenience and ease of use for both consumer and merchant,” says Mike Philpotts, innovation partner – authentication, Visa Europe Collab. “The biometric finger print solutions introduced by current generation mobile and payment offerings offer a practical and robust solution with consumers. Finger vein technology goes beyond these, promising further enhancements in terms of security and usability. By testing this technology in a controlled environment, we hope to better understand the practicality, usability and ultimately, the commercial potential for its implementation.”
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