UK firm launches first finger vein retail payments
20 September 2017 15:40 GMT

British biometric payments company Sthaler announces that its Fingopay technology has been installed on campus at Brunel University London in the onsite Costcutter convenience store.

The unveiling of the finger vein identification technology for payment marks the first of its kind on a university campus, and will allow students to pay for goods by simply scanning their finger. 

The announcement follows the successful pilot at Proud Camden, where over 2,000 Londoners are now registered Fingopay users. The instalment at Costcutter marks the first time retail customers in the UK will be able to pay with this exciting technology.

Fingopay works via an electronic biometric reader which builds a 3D map of the customer’s finger veins, generating a unique personal key. Following a simple registration process, in a matter of seconds the customer can then use their finger to make a payment. Finger-vein identification is fast emerging as one of the safest, most efficient biometric systems worldwide.

“Today’s millennial generation now expects a higher level of ease, security and efficiency from the way that we pay, and we are incredibly excited to bring our Fingopay technology to students at Brunel University London through the Costcutter store. Fingopay offers the convenience and retail sector the opportunity to gain richer data, and a faster point of sale service – and we look forward to introducing it as the first retail pilot in the UK.” commented Nick Dryden, Chief Executive and Founder of Sthaler.

James Budkiewicz, Assistant Director of the Commercial Directorate at Brunel University London commented: “We are delighted to explore some of the most innovative technology available to us that the UK has to offer. By adopting finger vein technology, it gives students the opportunity to take cash of campus, benefiting not just customers, but our retailers too.”

Sthaler will be launching Fingopay at Brunel University London’s Freshers’ Week, where students can sign up and register for the biometric payments system, with the first 1,000 registered receiving £5 credit. Sthaler will also be on campus every week thereafter to continue to register students to the system.