Fingopay, the biometric payment solution using VeinID technology, has today announced the adoption of Cardstream’s Open Payment Network to support its growth and expansion in the UK.
Having enjoyed successful pilots in the leisure, supermarket, health and education markets, Manchester has been selected as the global launch city for the brand. From this summer, merchants across the city will be the first in the world to let customers pay with just a scan of their finger.
Cardstream, which was chosen due to the breadth of its service offering, gives Fingopay the freedom to introduce new features quickly and easily and thereby rapidly establish themselves in new markets. With a single, simple integration, the Cardstream payment platform instantly connects Fingopay to all the payment partners, schemes and processing applications that they require.
Sthaler was formed to find a new way to pay. The company worked with music festival industry to develop a cashless, card-free payment system that was available to everyone. Sthaler developed Fingopay, using VeinID technology, in partnership with Hitachi. Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 0.9% holding in Sthaler.