Costcutter unveils finger vein payments at Brunel

Costcutter has announced the launch of biometric finger payments at its convenience store on Brunel University campus.

The finger vein identification technology, called Fingopay, marks the first of its kind on a university campus, and will allow students to pay for goods by simply scanning their finger.

The technology is provided by biometric payments firm Sthaler, backed by Hitachi and partners of Worldpay and Universe Group.

The announcement follows the successful pilot at Proud Camden, where over 2,000 Londoners are now registered Fingopay users.

Fingopay works via an electronic biometric reader which builds a 3D map of the customer’s finger veins, generating a unique personal key. Following a simple registration process, in a matter of seconds the customer can then use their finger to make a payment.

James Budkiewicz, assistant director of the commercial directorate at Brunel University London, commented: “We are delighted to explore some of the most innovative technology available to us that the UK has to offer. By adopting finger vein technology, it gives students the opportunity to take cash of campus, benefiting not just customers, but our retailers too.”

Nick Dryden, chief executive and founder of Sthaler, added: “Today’s Millennial generation now expects a higher level of ease, security and efficiency from the way that we pay, and we are incredibly excited to bring our Fingopay technology to students at Brunel University London through the Costcutter store.

Sthaler will be launching Fingopay at Brunel University London’s Freshers’ Week, where students can sign up and register for the biometric payments system, with the first 1,000 registered receiving £5 credit. Sthaler will also be on campus every week thereafter to continue to register students to the system.

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