Ingenico’s Biometric Payment Authentication Makes Impression at Retail Show
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As payment technology evolves, biometric authentication is emerging as a key innovation for faster and safer transactions. At the National Retail Federation’s Big Show, Ingenico and JPMorgan Payments showcased their latest biometric payment terminals, demonstrating how palm vein-scanning and facial recognition are making payments faster and more secure.
Read the full article on American Banker
Watch Ingenico's Palm Vein video below to learn more on how we are redefining biometric Payments.
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About Ingenico’s Palm Vein Solution
Ingenico's Palm Vein payment solution is a highly secure, accurate, and seamless biometric authentication system designed for in-store commerce. It enables consumers to make payments by scanning the palm of their hand over a near infra-red sensor on a Ingenico AXIUM Android terminal. The contactless payments technology eliminates the need to take out a credit card or enter a PIN, enabling faster check-outs while reducing the risk of fraud risk.
Palm vein identification is one of the most accurate biometric technologies available. It is more secure than fingerprints or facial recognition, and less intrusive and easier to implement. As a hygienic and convenient solution, it supports the growing adoption of cashless and digital transactions while offering businesses an additional layer of security.
To enrol, customers have their palm scanned using Ingenico’s device, which encrypts and tokenizes the image. Unlike fingerprints or facial recognition, palm vein patterns are unique and nearly impossible to replicate. By combining speed, security, and convenience, Ingenico’s Palm Vein payment solution enhances the retail experience and provides merchants with a cutting-edge authentication method for seamless and secure transactions.
Learn more about Palm Vein here.
