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Found a way to replace credit cards

13 January 2017 - 10:35 | Technological innovations
Found a way to replace credit cards

Financial Services Commission of South Korea plans to launch a pilot project of biometric payments in the first half of 2017. Consumers will be able to pay in shops without cards and cash - will be enough to touch his hand to a special reader.

The scanner will recognize the pattern of veins on a palm, and compare it with the electronic pattern stored in a database. Money for the purchase will be debited from the current account, psm7.com reported.

The agency will report later with other details.

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