KT Photo: Shihab
The days of credit cards and digital payment apps may soon be over in the UAE, as residents will no longer require these tools for transactions and cash withdrawals. A groundbreaking solution that leverages the palm of the hand for faster, seamless services, linked to both public and private sector entities, is being developed by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), in collaboration with the Central Bank of the UAE.
This innovative solution, which is currently in the trial and development phase and part of the UAE Vision 2031 programme, will be showcased at the ICP’s stand during Gitex Global 2024. "The project is in its final stages of development. Each individual's palm veins are unique. People will provide palm biometrics at the ICP platform, which will be linked to their personal profiles. Enrolling palm biometrics ensures the accuracy of personal details. Residents will be able to make payments or withdraw cash using their palm at ATMs. This initiative is a joint effort with the Central Bank of the UAE, and work on regulations and policies is progressing," an ICP spokesperson revealed to Khaleej Times on the sidelines of Gitex Global 2024.
The UAE has been actively investing in cutting-edge technologies and solutions to enhance the quality of life for its citizens and residents. Unlike facial recognition, palm vein technology is considered less intrusive. Individuals can register their palm biometrics with ICP using their Emirates ID card or other available options.
"This palm vein payment method can also be utilized in crowded areas like metro stations, making it easier for people to access services. Instead of using a metro card, individuals will be able to use their palm to access the metro. This system is highly secure, as you cannot share your palm details with others, unlike credit cards," explained an ICP spokesperson at Gitex 2024.
The UAE is set to become the first country in the Middle East to implement this new technology. "Once all the necessary requirements are in place, the technology will be rolled out to the public," the spokesperson added.
