![]() (Source: The Telegraph)ĭon’t accept credit cards? How about a fingerprint? This is yet another example of the growing list of ways your customers will be paying you in the years to come. It works by using infrared to scan people’s veins and then links this unique biometric map to their bank cards. The firm offering the technology is also talking seriously with other major UK supermarkets to adopt hi-tech finger vein scanners at pay points across thousands of stores. A UK supermarket-Costcutter-is now the first in the world to let shoppers do just that. Imagine paying for groceries by scanning your fingertip. “What we have engineered is a way to simply plug recurring payments into their existing systems, across the world, so they can focus on the challenges that really matter.”ģ - A British supermarket chain offers “finger vein” payment. ![]() “As more and more businesses become international, they face endless frustrations in managing payments across multiple territories,” explained GoCardless CEO and cofounder Hiroki Takeuchi to Venture Beat. Some experts estimate that 35% of Fortune 2000 companies generate revenues via subscriptions, and GoCardless would help manage these payments as direct debit transactions. GoCardless, a fintech startup that aims to make it easier for companies to collect recurring payments from customers, has raised $22.5 million in a round of funding from existing investors. 2 - GoCardless raises $22.5 million to help companies collect payments by direct debit globally.
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