Handwave lends a hand to retailers with its European alternative to Amazon’s palm payments
Latvian startup Handwave is developing an independent palm payment system to rival Amazon's, providing an alternative in the biometric payment market.
MAIN POINTS
- Handwave is a Latvian startup focused on palm payment technology.
- The company aims to compete directly with Amazon's palm payment system.
- Handwave offers an independent alternative in the biometric payment sector.
- The startup seeks to innovate within the growing market for contactless payments.
TAKEAWAYS
- Handwave's technology could diversify the biometric payment options available to consumers.
- Competing with Amazon suggests Handwave's confidence in its technology and market potential.
- The initiative highlights the increasing interest in contactless and biometric payment solutions.
- Handwave's success could encourage more startups to enter the biometric payment industry.