Chinese tech giant let consumers make payments with their palms
BEIJING – Chinese technology giant now helped consumers to pay amounts by using their palms as a card.
In its report, MIT Technology Review revealed that multinational conglomerate Tencent earlier conducted tests on the first of its type of touchless palm payment which let consumers pay for goods and services without carrying any typical card.
In the country of 1.4 billion, the tech giant’s social media app WeChat hits 1 billion users and is replacing traditional bills across several cities.
In one of the clips on the Chinese short video App TikTok, a consumer can be seen paying for a soda merely using his palm.
MIT Technology Review’s report further stated that the feature was rolled out some time back and had properly been released in Guangzhou, the leading financial center in China.
The touchless palm payment is capable to distinguish the palms of individuals. People can now make payment by waving their hands up to a few inches from the camera, with no facial or fingerprint recognition required.
Despite unforeseen technology advancements, payment by password, fingerprint, and facial recognition technology remain the most popular methods with top brands using them.
China's rival US has been testing palm-scanning payment technology in Amazon's Seattle store, per reports. Meanwhile, experts have warned of privacy concerns as such tech requires a large database of biometric information linked to users,
- Decision to start first PAKvENG Test delayed till tomorrow10:31 PM | 30 Nov, 2022
- Pakistan decides to keep petrol, diesel prices unchanged10:15 PM | 30 Nov, 2022
- Nawaz Sharif, daughter Maryam back in London after Euorpe trip09:51 PM | 30 Nov, 2022
- Son of Pakistan’s first PM Liaquat Ali Khan passes away08:54 PM | 30 Nov, 2022
- Kriti Sanon quashes dating rumours with Prabhas06:21 PM | 30 Nov, 2022
- Ayeza Khan rocks chic look in new viral pictures05:00 PM | 30 Nov, 2022
- TikToker Rabeeca Khan leaves fans spellbound with new dance video05:31 PM | 30 Nov, 2022
- Timeline of Pakistan Army Generals during country’s 75 year-long ...10:28 AM | 29 Nov, 2022
- Only two Pakistani universities make it to Asia’s top 10003:15 PM | 10 Nov, 2022
- Pakistanis named among 'The World's Most Influential 500 Muslims'10:16 PM | 2 Nov, 2022
- Shehbaz Sharif, Imran Khan, Gen Bajwa named among world’s 500 most ...10:36 PM | 1 Nov, 2022