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

Buying Swedish Startup Develops a Way for you to Pay for Your Next Book with Jazz Hands e-Reading Hardware 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

Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder and editor of The Digital Reader: He's here to chew bubble gum and fix broken websites, and he is all out of bubble gum. He has been blogging about indie authors since 2010 while learning new tech skills at the drop of a hat. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

1 Comment

  1. […] è una startup svedese nata dalle mani e dalle menti degli studenti dell’Università di Lund, che hanno pensato a un nuovo modo di pagare. Ciò di cui il consumatore ha bisogno per sfruttarlo: – meno di 5 secondi; – la sua mano (o […]

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