Weixin Palm Payment, China’s new cardless system, is making everyday transactions easier. With a simple palm scan, workers may now enter office buildings and commuters can access subways.
This technology was created by Tencent. It is a well-known Chinese tech business that was established in 1998. It demonstrates the corporation’s dedication to incorporating cutting-edge solutions into daily life.
Tencent’s extensive presence in social media, gaming, fintech, and entertainment puts it in a position to offer cutting-edge technology to a large audience.
This is what the Weixin Palm Payment system looks like.
With the use of catchphrases like “Weixin’s Palm Scan Payments Is Like Waving at a Friend,” consumers can move their hand over a sensor.
Transactions are processed in a matter of seconds after an infrared camera authenticates the user by scanning their distinct vein pattern and palm print.
Although wallets and phones are no longer necessary, security and privacy issues are brought up by such cutting-edge technology.
Many people are leery of technologies that could lead to a “surveillance state,” as noted by Edward Santow.
He is an industrial professor of responsible technology at the University of Technology Sydney.
He said:
They don’t want [that] whenever they’re making a payment for something, for that then to show up on some official register, and then to be asked questions, or worse, about it.
When your personal information is hoovered up at a huge scale, that creates a kind of honeypot for cybercriminals. And if that information is obtained illegally, it can then be sold on the black market and it can cause you enormous problems
