Fingopay is set to launch in Manchester and business experts are praising the innovation for its potential to transform the shopping experience.
Insider Media reports that “the city will be the first in the world to let customers pay with just a scan of their finger”.
And industry experts at Finextra say that Fingopay’s launch in Manchester will be a “test bed for finger vein payments.”
Tim Newns, chief executive of MIDAS, says: “Manchester was recently named one of the most innovative cities in the world.
“The city’s growing status as a test-bed for digital innovation and transformation has attracted a wealth of companies looking to capitalise on both the high-growth market, as well as the finance and tech talent available here.
“We’re delighted to have helped Fingopay establish operations in the city and we are looking forward to embedding them in the city’s rapidly expanding fintech and payments scene.”
Fingopay CMO Simon Binns tells Finextra: “We have already successfully completed pilots at Festival Number 6, Proud bar Camden, Brunel University and Copenhagen Business School over the past two years.”
He explains Fingopay is in advanced discussions with a number of venues across the city’s Spinningfields, Ancoats and King Street districts.
Fingopay has also secured the support of Manchester’s inward investment agency Midas and The City Centre Management Company.
Simon adds: “Manchester has a dynamic hospitality sector with some highly innovative operators, a large student population and positive environment for fintech businesses.
“This city-wide scheme will be a world-first, and we’ve had real encouragement from Greater Manchester Combined Authority to invest and create jobs in the city.”