Dankort, Sthaler collaborate on a self-service payment system using Fingopay

Apr 25, 2018 | Stephen Mayhew

Categories Biometrics News | Financial Services

Danish debit card firm Dankort has teamed with British biometric identification and authentication service provider Sthaler to create a self-service payment system that will allow students at the Copenhagen Business School (CBS) to make a purchase in a restaurant and coffee shop using only their finger.

Sthaler’s Fingopay reader uses Hitachi’s VeinID technology. Infrared light maps the unique 3D pattern of veins in a customer’s finger. This biometric signature can be used to verify identity and payment in seconds. Beginning today, the 21,000 CBS students and 600+ full time academic staff can use Fingopay in their campus canteen.

While customers at the Costcutter store on campus at Brunel University in London are already paying at point-of-sale using Fingopay to identify themselves, the CBS launch by Dankort and Sthaler will extend the solution to a self-service restaurant environment.

According to the announcement, finger vein payments are used widely at cash points in Poland, Turkey and Japan. Vein scanners are also used in accessing high-security buildings, for workforce management, verifying identity and authorizing high value transactions for banking customers across Northern Europe.

“We are excited to be working with an industry leader such as Dankort, and bringing finger vein technology in payments to Denmark for the very first time,” commented Simon Binns, director of Sthaler. “We have been working closely with the Nets innovation team for nine months and this significant launch at Copenhagen Business School is the culmination of our combined efforts.”

The Copenhagen Business School project was developed by Sthaler in partnership with Bizie.