A Card in Palm Worth 2 in Wallet
Ever worry about someone creeping over your shoulders to steal your payment information when you left your card at home and don’t have enough change at Starbucks? Well, a new card-less payment method— Pulse Wallet will let you pay for things via your veins so you never have to worry about information leak.
Palm vein pattern recognition could capture a person’s unique vein pattern below the skin through its internal biometric technology, and is not affected by any scar or dirt on the skin. By using this palm-scanning technology, forging becomes extremely difficult since every individual’s vein pattern is distinctive, and recreating a hand with flowing blood is almost impossible.
So how does it work?
When you visit a store who supports Pulse Wallet, you can register your palm to a built-in biometric palm reader and then pair it with the credit card you’ve chosen. Once the pair is succeed, you can hover your hand at any participating Pulse Wallet business (none so far) to pay with your chosen credit card. Since most peoples’ veins remains largely the same after he or she reach 8, rescanning hand becomes unnecessary in most of the case. The accuracy has reached to 99.99992 percent of the time and the verification of phone number would be a second degree of authentication to fulfill that little missing part.
Pulse Wallet CTO Matt Saricicek, the designer of this innovative product, said he got this idea from Google debut on Wallet mobile payments product, which disappointed him a lot, and at the same time, inspired him to use body to prove his or her identify.
Biometric is the future, but how to convince retailers to adopt this future is much more difficult. let’s wait and see.