• Sweden's news in English
 

Swede plots end of cash with palm payments

Published: 04 Jun 2014 13:53 GMT+02:00

Fredrik Leifland clearly remembers the moment when he got the brainwave for Quixter. It was while he was doing that most of Swedish of things - queuing. 

"It was about two years ago when I was in a queue at a supermarket and it was taking forever. I just thought there had to be a better way," Leifland, 23, tells The Local.

The engineering student at the University of Lund went away and dreamed up Quixter. Using biometric technology the system reads a person's vein pattern and enables them to pay for items simply by pressing their palm on a scanner.

Students at the University of Lund have been quick converts to the system, which connects vein data to a financial system that processes the payments.

Instead of rooting around for a debit card the customer just enters the last four digit of their phone number into the cash register and places their hand on the scanner.

"Everybody's vein pattern is unique and as the system scans the vein pattern inside your body it means there is zero chance of it being copied," said Leifland.

Lund native Leifland said there was a lot of "trial and error" before the technology was ready to go. Since launching recently it has attracted over 2,000 customers and is used in 15 locations across the university campus.

"Most of our users are students as they are always keen to experiment with new technology," he says.

"We don't want Quixter to be just limited to the university. For now we are concentrating on Swedish market."

He has spoken to Sweden's major banks about incorporating his creation.

Last year The Local reported that just 27 percent of all retail sales in Sweden are made using cash. In Greece and Romania the figure is 95 percent.

Sweden was also revealed to be the second worst country in the EU for its ATM shortage with just 3.2 cash machines per 10,000 people. 

Inventor Leifland reckons cash has had its day. 

"Hopefully this will mean the end of cash and nobody really wants to be messing around with plastic cards. It is getting to the stage now where sometimes I go out without even bringing my wallet," he explains.

Leifland added that other companies have tried similar biometric technology but they have not yet hit the market.

For now the scanners are confined to Lund University in southern Sweden but the brains behind Quixter is thinking big.

"There has been a lot of interest from around the world so we are looking at how we can expand it," he says. 

Patrick Reilly (news@thelocal.se)

Your comments about this article

Today's headlines
Dad killed by al-Qaeda 'was Swedish spy'
The Swedish Security Police's offices in Stockholm. Photo: Claudio Bresciani/TT

Dad killed by al-Qaeda 'was Swedish spy'

A man who claimed in an al-Qaeda execution video last year that he had been recruited by Swedish security police to spy on the terror group on behalf of the American CIA has been identified as a father-of-two leading a double life in Sweden, according to newspaper Aftonbladet. READ  

EXCLUSIVE
English remix of Swedish 'genitals' song released
'Willie' and 'Twinkle' are the main characters in the new song. Photo: SVT

English remix of Swedish 'genitals' song released

A Swedish children's song about genitals that went viral earlier this year has just been released in English as its makers aim to make the track a global sensation. The Local was given a world exclusive preview of the song as its composer prepared to hit the Swedish festival scene with the original version. READ  

What's on in Sweden
What's on in Sweden: March 5th - 11th
A Game of Thrones exhibition is opening in Stockholm this weekend. Photo: Helen Sloan/TT

What's on in Sweden: March 5th - 11th

From a children’s film festival in southern Sweden to an exhibition to delight Game of Thrones fans in the heart of Stockholm. Find out what's going on in your corner of Sweden with our weekly guide. READ  

Norwegian hires rival crews as strike continues
Services out of Stockholm's Arlanda airport were cancelled on Wednesday. Photo: Johan Nilsson/TT

Norwegian hires rival crews as strike continues

Budget Scandinavian carrier Norwegian has asked Small Planet Airlines to operate some of its flights in Europe after around 700 of the company’s pilots went on strike. But dozens of services from cities including Stockholm, Oslo and Copenhagen remain cancelled. READ  

Asylum seeker drop in Sweden and Denmark
Asylum seekers in Katrineholm, Sweden in February 2015. Photo: TT

Asylum seeker drop in Sweden and Denmark

The number of people applying for asylum in Sweden was cut in half in January, compared to figures from September 2014, but the country remains set to experience record refugee arrivals throughout the year. READ  

EXCLUSIVE
Swedish drug addicts seek 'better' help in UK
Castle Craig. Photo: Castle Craig

Swedish drug addicts seek 'better' help in UK

One of the UK's leading drug and alcohol rehabilitation centres is opening its doors to Swedish drug addicts and expats living in Scandinavia amid concerns that treatment in Sweden is hampered by bureaucracy and fails to offer therapy in English. READ  

Alfred Nobel's will on display for first time
Alfred Nobel (right). Photo: TT

Alfred Nobel's will on display for first time

Alfred Nobel's will creating the prestigious awards that bear his name will go on public display for the first time in Stockholm next week, a spokeswoman has revealed. READ  

Swedish police quiz man over apartment blast
Two men died in an apartment blast in Nyköping. Photo: Johan Nilsson/TT

Swedish police quiz man over apartment blast

A 30-year-old man is being quizzed by police after two men died when a bomb exploded in an apartment in the Swedish town of Nyköping, it has emerged. READ  

Swedish Princess to give birth to baby in June
Sweden's Princess Madeleine and Chris O'Neill. Photo: Jonas Ekströmer/TT

Swedish Princess to give birth to baby in June

Sweden’s Princess Madeleine is set to give birth to her second child in June. The Queen let slip the month during a state visit to Nordic neighbour Finland. READ  

Copenhagen shootings
Lars Vilks' first talk since Copenhagen cancelled
Controversial Swedish artist Lars Vilks. Photo: Bertil Ericson/SCANPIX

Lars Vilks' first talk since Copenhagen cancelled

UPDATED: The controversial Swedish artist who was the presumed target of one of the Copenhagen terror attacks last month was set to make his first public appearance on Friday. But the talk has been cancelled over security concerns. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
National
Will new military deal push Sweden to seek Nato membership?
Sponsored Article
'Sweden needs to get its act together'
Gallery
People-watching: March 4th
National
Why Swedish pensioners are having better sex than ever
National
Just four Pegida supporters turn out to anti-Islam rally in Sweden
Blog updates

27 February

Editor’s blog, February 27th (The Local Sweden) »

"Our most read story this week got picked up by global media from Al Jazeera to..." READ »

 

18 February

The mysterious -s, part 2 (The Swedish Teacher) »

"-s expressing “each other” (reciprocal verbs) You have most likely used this form of the verbs..." READ »

 
 
 
Accelerated for Ice Music
Dylan guitarist makes music history in Sweden
Sponsored Article
Ten tips for succeeding as a start-up in Sweden
National
Could March bring record-high temperatures to Sweden?
Sponsored Article
Expert US tax preparation for Americans in Sweden
Gallery
Property of the week: Eknäs, Nacka
Lifestyle
Madonna set for first Stockholm gig
Technology
How you could soon be charging your phone from Ikea furniture
Sponsored Article
Tourist or lifer: what sort of expat are you?
Gallery
People-watching: February 27th - March 1st
Business & Money
Ten Swedish start-ups you haven't heard of (yet)
National
How could Swedes' passion for 'fika' help cut nerve disease?
National
IN PICTURES: Swedes in 'ring of peace' protest
National
Why Copenhagen attacks led a Swedish uni to cancel artist's lecture
Gallery
IN PICTURES: Super cute sloth twins charm visitors to Swedish zoo
Lifestyle
Meet Sweden's first woman chef to win a Michelin star
Lifestyle
What's on in Sweden: February 26th - March 5th
Accelerated for Ice Music
What is Bob Dylan's guitarist doing in northern Sweden?
Features
How well do you know Sweden's top celebrity couples?
Business & Money
Are company boards 'too white' in Sweden?
Gallery
People-watching: February 25th
Technology
Sweden is dubbed second most 'digital' nation in European Union
National
Why more Swedes want a sex change
National
The return of Sweden's Ace of Base
National
Why has Julian Assange's case been going on for so long?
National
'21' or 'IS'? Swedish police confuse birthday with Islamist extremism
National
Spring has sprung in Sweden
Gallery
Property of the week: Ängelholm
National
How to never miss your favourite weekly features on The Local
National
Is Sweden home to the world's oldest living cat?
Gallery
IN PICTURES: The life and career of Fredrik Reinfeldt
Gallery
IN PICTURES: Princess Estelle through the years
National
Why are Swedish Jews worried?
Gallery
People-watching: February 19th-22nd
National
'Racist' bird names banned in Sweden
Lifestyle
What's on in Sweden this week
National
Nobel prize to go under hammer
National
Swede named 'Fanny' banned from getting UK loyalty card
National
Spotlight on the Swedes that could be funding Islamists
Sponsored Article
Are you an American expat? How to face FATCA
Gallery
People-watching: February 18th
National
Is a chocolate crime wave sweeping across Sweden?
National
What we know about the Copenhagen shootings suspect
National
Danish Ambassador: 'We'll live our lives the way we always have'
Sponsored Article
'Immigration is critical' for Stockholm’s future
Sponsored Article
Stockholm job fair helps immigrant entrepreneurs
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

976
jobs available
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
psdmedia.se