UAE banks introduce a revolutionary cardless payment system using palm vein scanning. The system replaces credit cards with a simple palm swipe. Moreover, it offers a modern and secure transaction method. In addition, it simplifies financial operations for customers.
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) partners with UAE banks to launch this system. Furthermore, they aim to set new standards in digital payments. The project uses advanced palm vein technology to verify identity. Additionally, it boosts accuracy and enhances security measures. The project bears the slogan “your vein, your identity.”
ICP plans to roll out the system across all UAE banks. Therefore, various outlets will receive new payment terminals. In addition, credit card machines will upgrade to support the technology. Consequently, customers will enjoy faster and safer transactions.
Saif Al Zaabi, ICP’s service development branch manager, recently explained the system. He said it reads each individual’s palm prints accurately. Moreover, the system links a face scan with palm vein data. Additionally, the method avoids the drawbacks of fingerprint scanning. Hence, age-related fingerprint changes do not affect reliability. This process improves financial safety and boosts customer confidence.
Furthermore, the system featured at the UAE Innovates 2025 Exhibition. The event took place at Boulevard Emirates Towers on February 26 and 27. Besides this project, ICP showcased the “Smart Travel” system at Zayed International Airport. This innovation uses face scanners to speed up check-ins. As a result, travelers no longer need to show their passports. In addition, they avoid long waiting lines. The ICP won the Most Radical Innovation award for this project.
This year marks the 10th anniversary of UAE Innovates. Organized by the Mohammed bin Rashid Centre for Government Innovation, the month-long event celebrates digital innovation. Ultimately, the new palm payment system signals a bold leap in secure transactions. In conclusion, the UAE transforms financial technology with innovative solutions.
These changes boost UAE’s financial technology leadership.
