Visa and Tencent pilot palm payments in Singapore
The pilot will involve DBS, OCBC, and UOB Visa cardholders.
Tencent has partnered with Visa to introduce palm recognition technology for digital payments in Singapore.
Under the pilot programme, Visa cardholders from DBS, OCBC, and UOB can make payments with their palms at select locations, starting with Alchemist café.
The technology features a two-step process– verifying palm prints and vein patterns– and uses encryption to ensure data privacy and security.
Pilot users will complete a one-time enrollment by scanning their Visa card and palm, enabling future payments with a palm scan.