Automating the process of payments through the use of fingerprints at restaurants, cafes, and bars, so that wallets and smartphones are not needed.
Stage
Concept Only
Industry
Mobile
Location
Palo Alto, CA, US
Currency
USD
Founded
July 2016
Employees
2
Incorporation Type
Not Incorporated
Company Summary
Consumers (whoever pays for the transaction) download LimePay application. They register their name, phone number, credit card information, along with their fingerprint.
Retailers (whoever receives the transaction) is equipped with two LimePay devices -- 'LimePay Scan' for scanning of the fingerprint which will relay the person's information to 'LimePay Manager', the POS system. Transaction is completed automatically after a few hours.