PulseWallet Launches Innovative, Secure, Cardless Point-of-Sale Solution

PulseWallet, the innovative electronic transaction POS provider, will be demonstrating their ultra-secure, first-of-its-kind, cardless Point-of-Sale solution at CES International, January 7-10, 2014 in Las Vegas, NV.  The key feature of the PulseWallet solution is the use of PalmSecure biometric technology by Fujitsu Frontech North America Inc., The integrated “spoof-proof” PalmSecure vein imaging technology enables merchants to provide one of the most secure payment options available, while providing an all-in-one payment system for consumers to access their electronic wallets. Once registered, consumers can leave their credit or debit cards at home and simply scan their palm for payment at POS. Each palm scan is encrypted thus avoiding the security exposure encountered recently by some consumers at check out.

PulseWallet is the next generation of Point-of-Sale transactions. Their PalmSecure-enabled terminals link the consumer’s palm to that consumer’s digital wallet for the safest, most efficient check-out experience yet. The consumer’s PulseWallet account electronically tracks and stores receipts and coupons, and can only be accessed by the consumer. In addition, merchants, always looking for ways to link their corporate brand to green marketing initiatives, can go paperless at check out.

“We’re very excited to be launching PulseWallet at an event like CES. For the first time the public will see how smoothly and efficiently the complete solution, integrated with Fujitsu’s PalmSecure technology, works for merchants and consumers alike,” according to Aimann Rasheed, co-founder and CEO, PulseWallet. “We encourage all attendees to visit our booth to see and experience the future of fast, accurate and flexible POS, today.”

The Fujitsu PalmSecure biometric palm vein sensors use a near-infrared light to capture a user’s palm vein pattern, generating a unique biometric template that is matched against the encrypted palm vein patterns of pre-registered users. Unlike other readers, the PalmSecure sensor does not come into contact with the skin, so it is hygienic, non-intrusive and unrestricted by external factors such as skin types and conditions. Registration at any PulseWallet terminal takes less than one minute and authentication takes less than one second.

“We are delighted to be a part of the public launch of the PulseWallet solution. We’re confident that once the show attendees see the demonstration, they’ll truly begin to understand how they can substantially improve and secure the POS experience,” said Randy Fox, vice president, currency handling and identity product solutions, Fujitsu Frontech North America Inc. “We are also very proud to be associated with PulseWallet, a company that is at the very front of cutting-edge and innovate technology.”

Fujitsu’s family of biometric solutions, the PalmSecure sensor, PalmSecure for SSO (single sign-on) system and the PalmEntry Physical Access Control system, all utilize the award-winning technology. The palm vein device can only recognize the pattern if the blood is actively flowing within the individual’s veins, so forgery is virtually impossible. This advanced, vascular pattern recognition technology not only provides highly reliable authentication with low false accept and reject rates, but also allows for fast and easy enrollment.