AEON Financial Service Company, its subsidiary AEON Credit Service Company, and Fujitsu have announced that AEON Credit Service and Fujitsu will begin a field trial of a cardless payment system using Fujitsu's palm vein biometric authentication technology. Authentication using palm veins has high authentication accuracy as there are many veins within the palm of the hand, and their arrangement is complex.
AEON Credit Service has been weighing credit card payment methods that customers can use with more convenience and security. The company has decided to use Fujitsu's palm vein authentication technology for its payment scheme given that it offers high authentication accuracy, and also because it is contactless and sanitary. This will enable people to go shopping "empty handed" as credit cards and smart devices will be unnecessary.
Customers use this service by registering in advance, adding their palm vein pattern to their AEON card information. When paying at a register, customers can pay with their registered AEON card by inputting their birthdate and then placing their palm over a reader. This allows customers to pay with their AEON card without the bother of taking the card out of their wallet or purse.
AEON Credit Service and Fujitsu will be conducting a field trial for AEON Group employees at a number of Ministop retail outlets beginning in September 2018. This initiative will be Japan's first example of palm vein authentication-type cardless payments at actual retail stores. Based on the results of the field trial, the companies plan to roll out the technology for use in store locations for the various AEON Group companies.
Fujitsu palm vein authentication technology has been used by over 70 million people in about 60 countries around the world for a broad range of applications, from security, such as for corporate PC access and room entry management, to the current trend of going cardless for "convenience" applications. It was first adopted for use in identifying people at bank ATMs in 2004.
AEON Credit Service has been weighing credit card payment methods that customers can use with more convenience and security. The company has decided to use Fujitsu's palm vein authentication technology for its payment scheme given that it offers high authentication accuracy, and also because it is contactless and sanitary. This will enable people to go shopping "empty handed" as credit cards and smart devices will be unnecessary.
Customers use this service by registering in advance, adding their palm vein pattern to their AEON card information. When paying at a register, customers can pay with their registered AEON card by inputting their birthdate and then placing their palm over a reader. This allows customers to pay with their AEON card without the bother of taking the card out of their wallet or purse.
AEON Credit Service and Fujitsu will be conducting a field trial for AEON Group employees at a number of Ministop retail outlets beginning in September 2018. This initiative will be Japan's first example of palm vein authentication-type cardless payments at actual retail stores. Based on the results of the field trial, the companies plan to roll out the technology for use in store locations for the various AEON Group companies.
Fujitsu palm vein authentication technology has been used by over 70 million people in about 60 countries around the world for a broad range of applications, from security, such as for corporate PC access and room entry management, to the current trend of going cardless for "convenience" applications. It was first adopted for use in identifying people at bank ATMs in 2004.
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