Amazon is synonymous with speed, and when it comes to innovation, it utilizes speed to a whole new level. The e-tail giant rolled out its newest payment technology called Amazon One which allows shoppers to pay using the palm of their hand.
How does this new tech work? (It seems a little bit too futuristic to be real.) By connecting a stored credit card with a palm scan, consumers will be able to simply scan their palm as a new payment method, increasing innovation and ease while cutting down on checkout time. The new device uses biometric technology and a palm scanner as a simple cashierless technology, according to an article from CNBC. The new Amazon One devices will be introduced at two of its dozens of Amazon Go stores new to the retailer's repertoire.
As the technology continues to evolve, Amazon has announced that it wants to sell the palm-screening technology to other companies such as retailers, stadiums, and office buildings. The online giant has revealed that it is already in talks with several potential customers.
For those worried about security issues, Amazon has announced that its new scanning system will give consumers the chance to immediately delete their palm scans, and that all data is securely stored in an offsite cloud system.
How will this new tech bear on the market? Deli Market News will continue to report.