PalmKash is a product of UrID Technologies, a Fintech start-up which enables merchants to transact with their clients seamlessly. The PalmKash platform is a payments processing highway that enables cashless transactions over a single terminal and platform using biometric, NFC and RFID technologies to accept mobile money and in the long-term bank card payments.
Benefits - PalmKash Platform
- Fast payment times: Complete any transaction in less than a minute.
- No phones required: Your money is in your palm so transact even with a dead battery
- Register once and transact anywhere you find a PalmKash merchant
- Fast settlement times
- Accept payments over a fast, secure platform
- Reduced transaction times: process a transaction in under a minute and reduce the queues that build up at your tills
- The PalmKash Student Wallet enables a parent and/or guardian to credit students with pocket money over the mobile network.
- Once a student’s wallet is credited, the student can conduct cashless transactions at the school canteens.
- Allow entry into your venue in a fast efficient way
- No long queues to pay just to join another queue for entry
- Add to your customer experience by adopting PalmKash at your venue refreshment stalls, restaurants and merchandise shops
Why Palm Vein
Palm vein is an internal biometric, which means that your biometric code is never exposed to the outside world. This means that unless you actively scan your hand at a PalmKash terminal, your palm vein pattern can not be captured (and thereby duplicated).
Additionally, since the terminal requires blood flow for the scan to work, it has built-in liveness tests.
This means that it's virtually impossible to spoof with a forged replica.
Even if someone could get a hold of your palm vein pattern (a task that would be nearly impossible in and of itself), they would still need to have live blood flowing through the veins of the replica.
Where you can use the PalmKash Platform
- 1Ticketing / Bus Booking
- 2School Canteens / Shopping
- 3Bars / Resturants