UAE to Roll Out Palm ID Payments, a First in the Middle East
- Publish date: Tuesday، 15 October 2024 | Last update: since 5 days
The UAE is set to revolutionize payments with "Palm ID" technology
- Related articles
- UAE Tops Digital Banking in the Middle East
- L’Oréal Middle East and 7awi Launch “Bashartek.com” with a New Look
- Saint Patrick's Day in UAE
The UAE is gearing up to make credit cards and payment apps obsolete with the introduction of "Palm ID" technology, a futuristic payment solution that uses the unique veins in a person’s palm for transactions.
Developed by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP), in partnership with the Central Bank of the UAE, the system aims to deliver faster, more seamless services across public and private sectors.
Currently in its trial phase, "Palm ID" technology was showcased at Gitex Global 2024 as part of the UAE Vision 2031 initiative. “We’re in the final stages of development. Each person's palm veins are unique, making this method highly secure.
Users will be able to make payments and withdraw cash from ATMs just by scanning their palm,” an ICP spokesperson explained. Regulations and policies are currently being finalized for a smooth public rollout.
Unlike facial recognition, palm vein scanning is considered less intrusive and ensures privacy, as it cannot be easily shared like credit card details. Registration will require an Emirates ID and can be done through the ICP platform. The system will link palm biometrics to personal profiles, enhancing accuracy and security.
The innovative technology could extend beyond payments; potential future applications include public transportation, where riders could use their palm to enter metro stations. "This will make accessing services in crowded places more convenient," noted the ICP representative.
As the first country in the Middle East to implement this cutting-edge payment solution, the UAE is taking a significant step towards a cashless society, setting a new benchmark in secure and convenient digital transactions. The nationwide rollout will commence once all regulatory requirements are in place.
Read More: Restaurants Taking Crypto Payments in Dubai
For trending news, subscribe to Gulf Moments on Telegram!