Korean credit card companies BC , Shinhan and Lotte Card have developed a biometric payment system that approves transactions by scanning fingertip veins. The companies signed a memorandum of understanding with IT service providers Lotte Card and LG-Hitachi for the system, which will be available at convenience stores across the country from October . Lotte Card is also likely to join the other card companies in implementing a finger-scan payment system, according to local media. Lotte Card is likely to launch a similar finger-scan payment system, according to local media.
Korean credit card companies BC , Shinhan and Lotte Card have developed a biometric payment system that approves transactions by scanning fingertip veins. The companies signed a memorandum of understanding with IT service providers Lotte Card and LG-Hitachi for the system, which will be available at convenience stores across the country from October . Lotte Card is likely to launch a similar finger-scan payment system, according to local media.