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Biometric payment platform is launched in Singapore

  • Author:zz
  • Source:zz
  • Release on:2017-01-16
As many as 150 hotels, clubs and restaurants in Singapore have a new payment platform that will allow customers to pay their bill simply by scanning their fingerprints.

It involves a device with a biometric sensor that extracts more than 90 unique points from a person's fingerprints to ensure accurate identification.

First-time customers at participating merchants can link their fingerprints to their credit card for payment.

Credit card details and fingerprint images are kept secure, adding that the details are not stored on the device. Instead, the information is “tokenised“ and fingerprint images are encrypted on a cloud system.

The technology is currently also used by a local private club ,which is in talks with more than 150 other hotels, clubs and restaurants to implement the payment platform.

It aims to expand to Japan and the United States, where tech adoption is relatively more mature. It is receiving help from IE Singapore, which is introducing it to potential partners and helping it better understand the market.