Fingopay selects Cardstream payment platform to support UK growth and expansion
Fingopay has selected Cardstream’s Open Payment Network to support its growth and expansion in the UK. Cardstream is an independent provider of white label payment software and services.
The biometric payment solution was launched in 2012 by Sthaler and uses Hitachi VeinID technology to allow customers to prove identity and pay using their finger. An infrared light at the check out maps the unique pattern of finger veins and verifies payment in seconds via its biometric cloud-based matching system.
Following successful pilots in the leisure, supermarket, health and education markets, Manchester has been selected as the global launch city for the Fingopay brand this summer.
In its announcement Fingopay notes that Cardstream, which was chosen due to the breadth of its service offering, gives it the freedom to quickly introduce new features and rapidly establish themselves in new markets. The Cardstream payment platform connects Fingopay to the payment partners, schemes and processing applications it requires with one integration.
“We went through an extensive process to assess gateway PSP providers and specifically wanted to work with a partner who would not only provide reliability, stability, support and coverage but also meet our need for cross-merchant tokenisation,” Fingopay CMO Simon Binns explains. “Cardstream’s open payment ecosystem fulfilled all of our criteria and we’re pleased to be working with them for the roll-out of Fingopay in Manchester and beyond.”