Costcutter has installed technology in its Brunel University outlet that will allow shoppers to pay for their purchases with the veins in their fingertips.
The convenience retailer has tied up with biometric payments company Sthaler to install the technology, and is the first UK retailer to roll out the payment method.
Called Fingopay, the technology allows customers to register their finger for payment by building a 3D map of their veins to create a unique payment verification key that links to their bank card.
The customer’s bank details are then stored with payment provider and Sthaler backer Worldpay.
“The technology allows customers to register their finger for payment by building a 3D map of their veins to create a unique payment verification key that links to their bank card”
Costcutter has introduced the payment method to its Brunel University store following a successful pilot of Fingopay at London bar and events space Proud Camden, which saw 2,000 punters register to use the technology.
Infrared technology is used to scan a user’s finger veins – which are as unique as a fingerprint and, according to industry experts, a more secure payment method as it would not verify a payment in the unlikely event that a shopper’s finger was chopped off.
Sthaler chief executive and founder Nick Dryden said: “Today’s millennial generation now expects a higher level of ease, security and efficiency from the way that we pay, and we are incredibly excited to bring our Fingopay technology to students at Brunel University London through the Costcutter store.
“Fingopay offers the convenience and retail sector the opportunity to gain richer data, and a faster point of sale service – and we look forward to introducing it as the first retail pilot in the UK.”