Finger vein payment trial begins in Manchester
Written by Hannah McGrath
Biometric payments company FingoPay has announced that Manchester will be the first city in the UK to trial finger vein payments.
The FinTech, owned by Sthaler, has developed a Hitachi-backed payment systems which allows shoppers to pay with a scan of the vein signatures in their finger, removing the need for cards, apps or pin numbers. The advanced security offering also removes the need for transaction limits.
At tills, the unique pattern of the customer’s vein is scanned, verifying biometric signatures and payments in seconds through its cloud-based matching system.
The launch is set to go ahead this summer, with plans to enable FingoPay in a number of leisure and hospitality venues across the city’s Spinningfields, Ancoats and King Street districts.
The technology has been trialled in small pilots at Proud Bar Camden, Brunel University, and Copenhagen Business School over the past two years, and is now ready for a city-wide roll out.
Manchester CityCo chief executive Vaughan Allen, said: “Many of our members are already aware of Fingopay and like the idea of making payments simpler for customers and help move to cashless.
“The identity component also has the potential to keep venues and streets safer, which is the highest priority for all concerned.”