Amazon is developing a terminal that lets consumers scan their hand to check out - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

ICYMI: Amazon is looking to bring its new biometric terminal to third-party merchants, like coffee shops and fast-food chains:

. Licensing this new terminal would enable Amazon to grow its presence in brick-and-mortar, giving it access to the channel that still sees the bulk of retail sales. And adding in-store payment acceptance with this terminal could help it garner more volume and build out its financial services offerings after entering the Recording in-store transactions would deepen Amazon's data collection capabilities.

Consumers may be concerned about providing their biometric information. Consumers may not be willing to provide the necessary biometric information to use the terminals because of privacy and safety concerns — 56% of consumers that using biometrics for payments would cause a dramatic increase in identity fraud — potentially hurting the terminals' adoption.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No. Kill it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Insiders share tips about how to get a job at Amazon - Business InsiderAmazon is known for its ruthless interviewing process. We talked to insiders about how to get a job there. Who really wants a job there? Sell-your soul types of workers, maybe?
Source: BusinessInsider - 🏆 729. / 51 Read more »