PAX Technology, Inc., a global leader in secure payment terminals, announced a new strategic partnership with Wink Inc., a multimodal biometric identity platform, to revolutionize frictionless Point-of-Sale with Biometric Payments. This collaboration combines PAX’s trusted hardware with Wink’s platform. They are creating persona-powered commerce together. This means a customer can pay simply by being recognized. In fact, no phone, card, or wallet is needed for the transaction. Deepak Jain, CEO of Wink, emphasized the outcome. He stated they deliver a new era of identity-powered payments. This frictionless method is secure and convenient. The application interfaces with the PAX BroadPOS app. It delivers identity authentication using biometrics.
Advancing Security and Speed in Retail
This process includes voice, palm, and face recognition. Therefore, the joint effort enables secure checkout experiences. It also safeguards merchants effectively against fraud. Wink’s Payment Platform provides real-time transaction processing. It works with the most popular payment acquirers globally. The Wink platform uses top-ranking NIST algorithms. It maintains a PCI DSS-compliant infrastructure. Moreover, it employs tokenized identity for added security. Merchants and acquirers can easily activate this system. They use existing PAX terminals without added hardware. Clint Jones is the Chief Revenue Officer for PAX Technology, Inc. He said the POS becomes an identity-enabled platform. He calls this a fundamental shift in the future of checkout.
Consequently, the solution prioritizes personalization and speed. Consumers enroll once with any merchant. They are then recognized at any Wink-enabled terminal. This includes mobile, kiosk, and countertop devices. Together, PAX and Wink redefine trust and commerce. They bring speed and security to every transaction. The future of payments relies on secure biometric payments. The strategic partnership delivers a strong solution for global commerce. Biometric Payments offer the next level of security and efficiency.
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News Source: PRWeb.com