Amazon is working with Visa to develop a “non-contact biometric identification system” enabling customers to pay by waving their hands through a scanner, confirming rumours which emerged earlier this month.
Payments giant Visa is understood to be helping Amazon test out “hand scanner” terminals which will digitally map a shopper’s hand, link it to their credit card and allow them to pay using nothing but their hand, The Wall Street Journal reported.
According to the publication, Amazon is already working with Visa on the technology and is in discussions with MasterCard.
Amazon is also understood to have approached JPMorgan Chase, Wells Fargo and Synchrony Financial, however these payment giants are cautious of getting into bed with the tech giant until they have determined whether it will act as a partner or competitor in the space.
This comes after reports emerged earlier this month that Amazon had patented the biometric hand scanning technology, which is expected to be rolled out across its growing estate of Amazon Go stores.
It’s understood that the technology is still in the early stages of development, however key issues surrounding security and shopper’s reluctance to hand over yet more personal data must still be tackled.