Swedish Startup Develops a Way for you to Pay for Your Next Book with Jazz Hands

Buying quixter[1]stuff in stores is now as simple as waving an NFC chip at a register, but in the near future even that might be dispensed with.A Swedish startup called Quixter has come up with a new way for customers to buy stuff in stores, and it is truly as simple as placing your hand over a sensor. (Technically not jazz hands, but I'm still punch drunk from doing my taxes and I thought it was a funny image.)

The startup developed a system that reads the veins in your palm, feeds the data through a recognition algorithm, and then identifies the hand's owner. The system also requires the last 4 digits from a customer's phone number, so it's not exactly faster than existing credit card swipe systems, but on the plus side this system will let you buy books and stuff even if you forget cash - and your wallet - and your smartphone - and the NFC card on your keychain.

Quixter’s system was developed by students at Lund University in Lund, Sweden. It is currently being tested at 15 locations at the school, with around 1,600 users who signed up to use the system. They of course had to register their palm, name, and financial details before they could pay using Quixter's system.

Quixter's long term plan is to commercialize the system and operate a payment processing business similar to Paypal, Visa, or the numerous companies that support the credit card machines you see in stores everywhere.

TechCrunch

About Nate Hoffelder (11588 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

1 Trackbacks & Pingbacks

  1. Cosa succede in città - Nuove possibilità per l'università, streaming e pagamenti | La Voce della LibraiaLa Voce della Libraia

Leave a comment

Your email address will not be published.


*