WeChat Pay users in China can now opt to authenticate payments with their palm at merchants that support the payment service’s new biometric WeChat Palm Payment solution, according to NFC World.
Once they have downloaded the WeChat Palm Payment applet and registered for the service, users can then make payments by ‘swiping’ their palm on a WeChat Pay palm print recognition device at the point of sale.
WeChat Pay has already tested the solution with selected merchants in the Chinese city of Shenzhen and has now officially launched the solution even though it is still undergoing development and will not be widely rolled out for “some time”, according to local media reports.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
