Swedish Startup Space

Sweden continues to innovate in the payments space, Quixter wants to replace your credit card with your hand

Written by on May 14, 2014

A group of students at Lund University have built a new method of biometric payments that allow you to pay with just the swipe of your palm. All you have to do is press your palm into a device, enter the last four digits of your smartphone number and your payment will be processed. No need for NFC-enabled devices, credit cards or cash.

It’s called Quixter and the team want to remove those tedious waiting experiences inside stores, supermarkets and other retail locations. What’s amazing, is that Quixter are amongst the first teams in Europe to attempt this technology, quite impressive for a bunch of uni students. What they’ve already pulled off is no easy feat either, given that the team had to actually “connect the dots” so to speak, dealing with terminal companies, banks, stores and customers – all at the same time.

“We had to connect all the players ourselves,” says Fredrik Leifland, “which was quite complex: the vein-scanning terminals, the banks, the stores and the customers. The next step was finding ways of packaging it into a solution that was user-friendly.”

Quixter is now available in 15 different locations nearby Lund University and is used by 1,600 people regularly. Leifland says that he has plans to expand Quixter, but that the technology will stay in Sweden for the time being.

“We had to connect all the players ourselves,” says Fredrik Leifland, “which was quite complex: the vein-scanning terminals, the banks, the stores and the customers. The next step was finding ways of packaging it into a solution that was user-friendly.”

 

 

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