Customers of shops and restaurants in the Swedish city of Lund can now pay by scanning their palm, thanks to a local start-up.

Quixter has just launched in 15 shops and restaurants across the city and already 1,600 people have signed up to pay with their palm.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The creator of Quixter, Fredrik Leifland, is a student at nearby Lund University and came up with the idea while waiting in a queue to pay.

He said: "I saw that to pay is quite complex and a process that takes a lot of time. So I thought, there must be an easier way."

The new system is much quicker, according to Leifland: "A transaction takes less than five seconds."

Customers pay by putting their hand on the scanner, identifying themselves by the unique vein pattern in their palm, and entering the last four digits of their phone number on a PIN pad.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Customers can register for the payment method at any participating merchant by sharing their phone number and social security number with the service, connecting to it with a bank card and allowing a palm scanner to scan their hand several times.

Leifland said: "We had to connect all the players ourselves, which was quite complex — the vein-scanning terminals, the banks, the stores and the customers."

Payments accumulate on an invoice and are then withdrawn from customers’ accounts twice a month.

 

Related articles:

Fujitsu unveils new series of ATMs in European market

PayPal to enable payments with fingerprint authentication on Samsung Galaxy S5

Bank of Lanzhou in China deploys OKI biometric ATMs