14 Sep 23

Revolutionizing Payments with Palm Vein Biometrics: A Conversation with Michel Leger, CTO of Ingenico

Ouça este artigo.

Audio file

Enjoy a more personalized experience by accepting our cookies and unlocking targeted content.

Enable Cookies

Secure, Convenient, and Future-Proof Payment Technology

In a recent interview with Le Parisien, Michel Leger, the Chief Technology Officer (CTO) of Ingenico, shed light on an innovative payment solution that could change the way we conduct transactions in the future. The technology in question? Palm vein biometrics, a cutting-edge system that utilizes the unique patterns of veins in your hand to enable seamless, secure payments. In this blog, we'll delve deeper into this exciting development and its potential impact on the world of commerce.

A Glimpse into Palm Vein Biometrics

Imagine being able to make payments in a store without ever reaching for your wallet or smartphone. This is precisely what palm vein biometrics aims to achieve. Mr. Leger explained that the process begins with a simple registration of your phone number, email, and card details. The pivotal step follows, wherein your palm's biometric data is recorded.

Once registered, you're all set to make payments in-store. At the payment terminal, similar to the ones used for card payments today, you present your hand. The system then verifies your identity based on the hemoglobin globules' flow through your veins, making it an incredibly secure and dynamic method.

Unparalleled Security

One of the key advantages of palm vein biometrics is its unbeatable security. Attempting to use a photo or even a severed hand won't work because the technology doesn't rely on static images. Instead, it operates by measuring the dynamic flow of hemoglobin in your veins. All data collected is stored digitally and anonymized, adhering to stringent personal data protection regulations.

Why Palm Vein Biometrics?

Mr. Leger explained that palm vein biometrics was chosen over other biometric methods like fingerprint or facial recognition due to its effectiveness and non-intrusiveness. When you pay with the palm of your hand, it feels just like using a card – you control the payment process, eliminating the uncertainty associated with facial recognition technology.

Speed and Convenience

One of the primary objectives of this technology is to speed up payment processes. For merchants, faster transactions mean the potential to sell more products. Additionally, it has significant implications for age verification in certain countries, as it can confirm a customer's age without needing to see their ID. Whether you're at an amusement park, a concert, or a festival and prefer not to carry your payment card, this technology offers a convenient alternative.

Global Adoption on the Horizon

While this technology is still in its early stages, Mr. Leger hinted at significant progress in North America, where field tests are already in discussions. The hope is that this progress will pave the way for global adoption, including Europe and France, within the next year or two.

As technology continues to advance, the world of payments is evolving alongside it. Palm vein biometrics represents an exciting leap forward in both security and convenience, and its potential to reshape the payment landscape is something to watch closely. While it may be some time before we see this technology on a broad scale, the future of payment technology is looking brighter and more secure than ever before.

Michel Leger.png

Michel Leger



Também em Tech trend

18 Sep 23
Como o modelo ‘Compre Agora Pague Depois’ vai mudar o varejo
18 Aug 23
Como a tecnologia de SoftPOS pode revolucionar os pagamentos e apoiar pequenos comércios
08 Aug 23
Como reduzir o Time to Market em meios de pagamentos através de uma consultoria de Professional Services
07 Aug 23
A nova economia circular do setor de meios de pagamento
09 May 23
Acessibilidade: como proporcionar uma experiência de pagamento mais inclusiva
26 Apr 23
Como o Android pode ajudar na evolução do varejo
11 Apr 23
As formas únicas como compram e pagam os consumidores Millennials
05 Apr 23
O poder de integrar soluções de presente e fidelidade com pagamentos
prev next