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  5. Lotte Card established a high-reliable and user-friendly authentication payment solution with PalmSecure

Lotte Card established a high-reliable and user-friendly authentication payment solution with PalmSecure

"Fujitsu has a keen understanding of Korea’s regulations and unique environment, and answered our request with its extensive experience and technological expertise."

Mr. Kim Smart Business Team Head Lotte Card Co., Ltd.

Lotte Card develops HandPay Service using the Fujitsu palm vein authentication solution; removing the need for credit card or mobile devices when shopping.

Customer

Established in 2002, Lotte Card is a credit-based finance business focusing predominantly on the credit card and instalment payment industries. With total assets reaching over 10.2 trillion KRW (approx. $9 billion) the company has emerged as a market leader in the rapidly expanding mobile financial services industry.

Challenge

Lotte Card was looking to introduce a new, safe, user-friendly payment system that revolutionizes how people shop and allows the company to take the lead in the very competitive Korean financial market.

Solution

Lotte Card adopted the Fujitsu palm vein authentication solution which allows a user’s biometric information to be read beforehand – enabling users to make payments at stores simply by holding their hand over an authentication device.

Beneftit

  • Enables users to make hands-free purchases
  • Creates a new, safe, user-friendly way to shop
  • Palm vein authentication is far less susceptible to fraud compared to other biometric methods
  • Has enabled Lotte Card to become a leader in the very competitive Korean credit card industry

Télécharger

Read the full Lotte Card Co., Ltd. case study (350 KB/A4, 2 pages)