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Paying for a coffee or lunch by simply scanning your palm might sound like science fiction. However, an engineering student at Lund University in Sweden has made it happen – making his the first company in the world to install the vein scanning technique in stores and coffee shops.
Fredrik Leifland got the idea for his start-up two years ago when he was standing in line at the supermarket. Growing impatient, he knew there had to be an easier and quicker way than using credit cards, and together with a group of classmates at Lund University he soon discovered biometric solutions. While vein scanning technology already existed, there was no system for actually using it as a form of payment. Leifland said: Continue reading “Vein scanning : Pay with your hand”