01/21/20
If anyone has the power, money and influence to persuade people to accept a new form of payment systems for commerce, it is Amazon.
Amazon is in the early stages of developing a technology that essentially turns your hand into a credit card. It is likely to tie in with it’s previously filed patent that includes a “non-contact biometric identification system” that features a “hand scanner” to produce a picture of a person’s palm.
The company is already working with Visa on testing out terminals which would be placed in brick-and-mortar stores and allow shoppers to link their card information to their hands. They could then pay for purchases with their palms, without having to pull out a card or phone.
The company plans to first pitch the terminals to coffee shops, fast-food restaurants and other merchants that do lots of repeat business with their customers
Read More: Amazon’s Pay By Hand – Fast Tracking The Mark Of The Beast
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