Japan to Introduce “Fingerprint” Payment System for Tourists
The availability of credit/debit cards have certainly made sure that people can avoid the use of cash while shopping or travelling overseas. However, the use of card systems might prove costly in overseas as the exchange rate might go high with the inclusion of taxes and also, keeping too much cash in hand might be a risk. Well, the Japanese government is planning to implement a more secure solution for payment system i.e. introduction of “Fingerprint System” as a mode of payment. According to recent reports, the Japanese government is testing a system that will allow people to make purchases with the help of fingerprints.
So, you might be thinking that how will this work? That’s simple, the next time when you are off to Japan; you can register your fingerprints at airport. These fingerprints will be linked with your account which will help you make purchases without the need of credit cards or showing your passport. However, the report claims that one may need their passport while checking into hotels as proof of identification. This means one can feel assured without carrying money or credit cards for shopping or making any kin of other purchases.
At present, only 300 locations in Japan will participate in this process and will go on expanding until the 2020 Olympics which will be taking place in Japan. Stay tuned for more updates.
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