Subscribe free to our newsletters via your
. Energy News .




TRADE WARS
Swedish city introduces payment by hand scanning
by Staff Writers
Stockholm (AFP) April 14, 2014


Hand scanning has become an alternative payment method for people in a city in southern Sweden, researchers at Lund University said Monday.

Vein scanning terminals have been installed in 15 shops and restaurants in Lund thanks to an engineering student who came up with the idea two years ago while waiting in line to pay.

Some 1,600 people have signed up already for the system, which its creator says is not only faster but also safer than traditional payment methods.

"Every individual's vein pattern is completely unique, so there really is no way of committing fraud with this system," researcher Fredrik Leifland said in a statement.

"You always need your hand scanned for a payment to go through."

While vein scanning technology existed previously, it has not been used as a form of payment before.

"We had to connect all the players ourselves, which was quite complex: the vein scanning terminals, the banks, the stores and the customers," Leifland added.

The creators have plans to further expand the business and other companies around the world are already starting to implement the new payment method.

To sign up users have to visit a shop or restaurant with a terminal, where they scan their palm three times and enter their social security and telephone numbers.

A text message is then sent to their mobile phone with an activation link to a website, with payments taken directly from customers bank accounts twice a month.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
Taiwan demonstrators end parliament seizure, threaten more protests
Taipei (AFP) April 10, 2014
Student activists Thursday ended an unprecedented three-week occupation of Taiwan's parliament in protest at a service trade pact with China, but threatened more action unless their demands are met. "The departure does not mean we are giving up," said student leader Lin Fei-fan, shortly before dozens of demonstrators clad in black T-shirts walked out of the building at around 6 pm (1000 GMT) ... read more


TRADE WARS
Gazprom Neft helps Iraqi electricity capacity

Energy change is key to meeting UN climate goal: panel

San Diego City Council approves HERO Residential Energy - and Water-Efficiency Program

IMF, World Bank push for price on carbon

TRADE WARS
Kuwait signs $12 bn oil contracts, tenders others

Emerging research suggests a new paradigm for "unconventional superconductors"

Baker Hughes sees drilling efficiency increase

Russia says South Stream gas pipeline would help EU

TRADE WARS
DNV GL Recognizes Wind Turbine Design by Goldwind

London: Scotland may face huge energy bills alone

Global renewable energy investments slumped 14% in 2013: UN

Scotland wants to secure lead in renewable energy

TRADE WARS
Japanese solar plant set for tsunami-damaged site

Sunlight generates hydrogen in new porous silicon

Clean Energy Collective and RGS Energy to Deploy First Community-Owned Solar Facilities in Massachusetts

Stanford scientists model a win-win situation: growing crops on photovoltaic farms

TRADE WARS
Iran needs 30,000 new centrifuges for fuel: official

French prosecutor probes Areva buy of Canadian miner

Czech energy firm scraps nuclear plant expansion

Westinghouse extends nuclear fuel deal with Ukraine

TRADE WARS
Stanford scientists discover a novel way to make ethanol without corn or other plants

Trees go high-tech: process turns cellulose into energy storage devices

US Navy 'game-changer': converting seawater into fuel

Unzipping the biofuel potential of populars

TRADE WARS
China launches experimental satellite

Tiangong's New Mission

"Space Odyssey": China's aspiration in future space exploration

China to launch first "space shuttle bus" this year

TRADE WARS
Climate Models Underestimate Costs to Future Generations

Researchers find arid areas absorb unexpected amounts of atmospheric carbon

A Few Winners, But Many More Losers In Climate Change

Slowdown of global warming fleeting




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.