If you’re tired of carrying around plastic and are leery of NFC payments, there’s a new tech that may be just the thing for you. Meet PulseWallet, the vein scanning terminal that’s set to shake things up at registers around the globe.
The PulseWallet is essentially a biometric palm scanner that can match the veins in your hand to a credit card in your wallet. Let that sink in for a minute. PulseWallet works with an infrared Fujitsu camera that snaps a picture of the vein pattern in your hand, and when paired with a card you simply need to scan your palm on the terminal.
As you’d imagine, veins are quite different from one person to the next, and the technology behind PulseWallet is accurate 99.99992 percent of the time which is about as good as it gets. The number is expected to creep closer to 100% as the PulseWallet will use your phone number for an added layer of security.
Wondering what happens to your scanned vein pattern? It’s going to be stored in the cloud which is much safer than it sounds as nobody is going to have a vein database lying around (yet), so it’s basically gobbledygook to anyone that comes across it. Palm scanning aside, PulseWallet has all the usual bells & whistles of an e-wallet as well. You get digital receipts and can store multiple cards, coupons, etc… you can also transfer money between friends and check your spending habits.
Biometric security is nothing new, but most of the focus has been on retina scanning or fingerprints. If the PulseWallet can find its footing, it could be very successful as holding your wrist over a scanner is about as non-invasive as it gets. Much easier than pulling out your phone, putting your print on a screen, or having a laser shoot at your eye. PulseWallet packages are set to go on sale next month, and while no price has been announced, you can get more info at their official site.
Via – The Verge
Adam is a tech aficionado that enjoys gadgets, Game of Thrones, and all things Android.