Is Cashless Society Upon Us? - New Vein Scan Payment System Lets You Pay For Things With The Palm Of Your Hand

Jerry Robinson / FTM Daily

‘PAY WITH YOUR HAND’

We are all aware that technological advances are changing everything. And now, a new financial technology, called Pulse Wallet, is allowing customers to make in-store payments with the simple wave of their hand. The new technology works by linking a person’s credit and debit cards to the vein patterns underneath the skin in your hand. To make a payment, you simply place the palm of your hand over the device. Within a few seconds the system will automatically charge your credit card on file, which customers can instantly track on their mobile devices. The electronic device actually photographs a person’s unique vein pattern just below the skin and requires blood flow, making it more secure than similar fingerprint technologies.

The new payment system goes on sale this month. Select retailers in New Jersey will be testing out the new system in a beta program for the next three to six months. However, mass production of the new devices is set to begin this Spring.

Similar biometric palm-scanning technologies have been introduced in recent years, but none have been as promising as Pulse Wallet. In a world concerned with identity theft and financial fraud, these types of solutions will no doubt be embraced by the public. However, these new biometric scanning technologies will be inevitably infiltrated by both the NSA, and rogue regimes around the world.These new advances in monetary technology are ripe for abuse by out-of-control governments and hackers. Regardless, it’s time to get ready as it appears nothing can stop the cashless society, which is now upon us.

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