Finance Breaking news Hungarian biometrics payment outfit looks to conquer Europe last financial news

Breaking-Finance.Com - Hungarian startup PeasyPay is preparing to expand its biometrics-based point-of-sale payments technology to Spain and the UK.

Finance Breaking news Hungarian biometrics payment outfit looks to conquer Europe last financial news

Breaking-Finance.Com - Hungarian startup PeasyPay is preparing to expand its biometrics-based point-of-sale payments technology to Spain and the UK.

Finance Breaking news Hungarian biometrics payment outfit looks to conquer Europe last financial news
10 September 2020 - 23:15

Breaking-Finance.Com - Hungarian startup PeasyPay is preparing to expand its biometrics-based point-of-sale payments technology to Spain and the UK. To sign up for the system, shoppers download the PeasyPay Android or iOS app and then take a selfie and a picture of their palm with their mobile’s camera before registering their bank card.To make instore purchases, special POS terminals equipped with cameras and facial recognition software scan customers’ faces and palms and compares them to the biometric template created in advance. If the scans match, the payment is authorised and charged to the linked card.

.Now, a pilot involving up to 25 retailers is underway in Guadalajara, Spain, with partners Ci3 and Liberbank.In the UK, the system is being set up to let taxi drivers seamlessly pay the fee to enter Glasgow Airport’s parking area. In Slovenia, a pilot is set to go ahead in a restaurant.

Source = Breaking-Finance.Com

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Finance Breaking news Hungarian biometrics payment outfit looks to conquer Europe last financial news


Finance Breaking news Hungarian biometrics payment outfit looks to conquer Europe last financial news


Finance Breaking news Hungarian biometrics payment outfit looks to conquer Europe last financial news


Finance Breaking news Hungarian biometrics payment outfit looks to conquer Europe last financial news

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