Swedish city introduces payment by hand scanning

Apr 14, 2014
An international traveler scans in their hand on a US Customs and Border Protection fingerprint scanner at Dulles Airport on February 20, 2013

Hand scanning has become an alternative payment method for people in a city in southern Sweden, researchers at Lund University said Monday.

Vein scanning terminals have been installed in 15 shops and restaurants in Lund thanks to an engineering student who came up with the idea two years ago while waiting in line to pay.

Some 1,600 people have signed up already for the system, which its creator says is not only faster but also safer than traditional payment methods.

"Every individual's is completely unique, so there really is no way of committing fraud with this system," researcher Fredrik Leifland said in a statement.

"You always need your hand scanned for a payment to go through."

While vein scanning technology existed previously, it has not been used as a form of payment before.

"We had to connect all the players ourselves, which was quite complex: the vein scanning terminals, the banks, the stores and the customers," Leifland added.

The creators have plans to further expand the business and other companies around the world are already starting to implement the new method.

To sign up users have to visit a shop or restaurant with a terminal, where they scan their palm three times and enter their social security and telephone numbers.

A is then sent to their mobile phone with an activation link to a website, with payments taken directly from customers bank accounts twice a month.

Explore further: Credit card companies seek new ways to increase payment security

add to favorites email to friend print save as pdf

Related Stories

Mobile industry champions paying with phones

Mar 04, 2012

Paying with a mobile phone is gradually become a reality for consumers, with banks, telecommunications operators and Internet players all jumping in to offer payment options.

MasterCard launches new digital payment system

Feb 25, 2013

Credit card giant MasterCard announced Monday the launch of a new digital payment system that lets people use a wide variety of devices including smartphones to spend their money.

Recommended for you

Oculus unveils new prototype VR headset

14 hours ago

Oculus has unveiled a new prototype of its virtual reality headset. However, the VR company still isn't ready to release a consumer edition.

Wireless sensor transmits tumor pressure

20 hours ago

The interstitial pressure inside a tumor is often remarkably high compared to normal tissues and is thought to impede the delivery of chemotherapeutic agents as well as decrease the effectiveness of radiation ...

Tim Cook puts personal touch on iPhone 6 launch

22 hours ago

Apple chief Tim Cook personally kicked off sales of the iPhone 6, joining in "selfies" and shaking hands with customers Friday outside the company's store near his Silicon Valley home.

Team improves solar-cell efficiency

Sep 19, 2014

New light has been shed on solar power generation using devices made with polymers, thanks to a collaboration between scientists in the University of Chicago's chemistry department, the Institute for Molecular ...

Calif. teachers fund to boost clean energy bets

Sep 19, 2014

The California State Teachers' Retirement System says it plans to increase its investments in clean energy and technology to $3.7 billion, from $1.4 billion, over the next five years.

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

mzso
not rated yet Apr 16, 2014
"so there really is no way of committing fraud with this system"
Really? What about storing the scan data from a user and then using it to get his money. If it's widespread enough, criminals couls set up a shop where they do just this.