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No wallet, no phone, no problem: How you could pay with just your palm in future

Channel News Asia LogoChannel News Asia14h ago

No wallet, no phone, no problem: How you could pay with just your palm in future - Channel News Asia

Quick Summary:

Palm scanning technology uses vein patterns that are difficult to replicate, but experts say fraudsters are always coming up with new ways to scam people.

Palm payment has been available in Singapore since as early as 2019, though it has yet to become a mainstream form of payment.

Using Tencent’s palm recognition technology, the machine verifies both the palm print and the unique pattern of veins under the skin.


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No wallet, no phone, no problem: How you could pay with just your palm in future - Channel News Asia (Picture 1)No wallet, no phone, no problem: How you could pay with just your palm in future - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 06:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1219 words

Reading Time: 7 minutes read

Sentences: 57 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24615772

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 22 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "No wallet, no phone, no problem: How you could pay with just your palm in future" was covered 14 hours ago by Channel News Asia, a news publisher based in Singapore.

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Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 22 news stories per day.

It's most recent story was published 3 hours ago.

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  • News ID: #24615772
  • URL: https://beamstart.com/news/no-wallet-no-phone-no-17349984677520

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