Korean credit card companies Shinhan, BC and Hana Card have developed a biometric payment system that approves transactions by scanning fingertip veins. The companies said the payment method would be available at convenience store chains across the country in October 2018. The new technology is being tested in the South Korea city of Daejeon, where it has been used to issue more than 100 million cards since its launch last year. Lotte Card is likely to launch a similar finger-scan payment system, according to local media.
Korean credit card companies Shinhan, BC and Hana Card have developed a biometric payment system that approves transactions by scanning fingertip veins. The new technology is being tested in the South Korea city of Daejeon, where it has been used to issue more than 100 million cards since its launch last year. Lotte Card is likely to launch a similar finger-scan payment system, according to local media.