Finance Breaking news Amazon rolls out palm payment technology last financial news

Breaking-Finance.Com - Amazon has unveiled technology that lets shoppers at physical stores pay for their purchases by scanning the palm of their hands.

Finance Breaking news Amazon rolls out palm payment technology last financial news

Breaking-Finance.Com - Amazon has unveiled technology that lets shoppers at physical stores pay for their purchases by scanning the palm of their hands.

Finance Breaking news Amazon rolls out palm payment technology last financial news
30 September 2020 - 08:00

Breaking-Finance.Com - Amazon has unveiled technology that lets shoppers at physical stores pay for their purchases by scanning the palm of their hands. E-commerce giant Amazon has taken significant steps into the bricks-and-mortar world in recent years, opening its own Go stores and acquiring Whole Foods.The firm has been experimenting with payment options, including the use of "just walk out" technology, which taps sensors and cameras to track what items customers take from the shelves and then automatically charges through an app.Now it has unveiled a new option, Amazon One, which uses "custom-built algorithms and hardware" to create and read a person's unique palm signature.

.Initially, the system will be used at select Amazon Go stores, which have entry gates that customers currently get through by entering a code on their phone. Customers will take the goods they want and the card linked to their palm will be automatically charged.However, Amazon plans to extend the rollout and also wants to sell to third parties, arguing it could be used for everyday activities like paying at a store, presenting a loyalty card, entering a location like a stadium, or badging into work.

Source = Breaking-Finance.Com

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Finance Breaking news Amazon rolls out palm payment technology last financial news


Finance Breaking news Amazon rolls out palm payment technology last financial news


Finance Breaking news Amazon rolls out palm payment technology last financial news


Finance Breaking news Amazon rolls out palm payment technology last financial news

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