CNBC
Amazon wants to speed up shopping trips by letting users pay with the palm of their hand.
The company launched Amazon One, a new biometric technology that enables shoppers to enter and pay for items at stores by placing their palm over a scanning device. In order for it to work, users first have to connect their palm to a stored credit card. After that, users are able to pay with their hand.
To start, Amazon One will be an entry option at two of its dozens of cashierless Amazon Go stores, located near its Seattle headquarters. Over time, Amazon plans to introduce the technology at more of its physical stores in the coming months.
Amazon also hopes to sell the palm-scanning technology to other companies like retailers, stadiums and office buildings. The company said it’s already in “active discussions with several potential customers.”
Source
Looking for more information about how COVID-19 has impacted the payments industry?
TSG has released a variety of COVID-19 content to highlight the impact to the payments industry. Click here for a collection of resources from articles to infographics containing shareable insights.
The post Amazon unveils a way to pay with your palm in stores appeared first on The Strawhecker Group.