Handwave Introduces Palm Scan Technology for Secure Payments and Authentication
Handwave, a Latvia-based biometrics and fintech company, is redefining how authentication and payments are conducted. By using a simple palm scan, Handwave offers customers a secure, seamless way to authenticate and make purchases, enhancing the convenience and security of the transaction process.
The technology provides benefits to both customers and businesses, reducing transaction times and wait times, which can improve customer satisfaction and loyalty. With advanced biometric authentication and encryption, Handwave ensures robust data protection and security.
Currently, the company is planning to expand into Europe, the Middle East, Asia, and the USA, working alongside banks, merchants, stadiums, arenas, and public transportation companies.
Participating at the Seamless Conference, Co-founder Matiss Lacis highlighted the Saudi market’s readiness for innovative technology, viewing it as a significant opportunity for Handwave’s expansion in the region.