• Sweden's news in English
 
app_header_v3

Swede plots end of cash with palm payments

Patrick Reilly · 4 Jun 2014, 13:53

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. 

Story continues below…

"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
Coeliac disease not caused by early weaning: Swedish study
Carin Andrén Aronsson now plans to investigate why Sweden has such high levels of coeliac disease. Photo: Polarbrod

Mothers who stop breastfeeding early are not to blame for their children developing gluten intolerance, a new Swedish study has found.

Zlatan look-a-like storms pitch as Man U take on champions
A grinning Zlatan pushed the man away with the palm of his hand. Photo: YouTube

Zlatan fever has hit the UK, with a look-a-like storming the pitch on Saturday only to be palmed off by the grinning Swedish football star.

Russian Sweden Democrat aide resigns over suspect deal
'Egor Putilov' had access to all areas of the Swedish parliament: Photo: Riksdag

A Russian-born political secretary for the Sweden Democrats has resigned after making six million kronor ($0.7m) in a property deal with a St Petersburg businessman.

Trump an 'embarrassment' Springsteen tells Sweden
Bruce Springsteen tells SVT talk show host that Trump is an 'embarrassment' to the US. Photo: SVT/Youtube

Rock legend Bruce Springsteen has described Donald Trump as an embarrassment to the United States, in an interview on Sweden's Skavlan talk show.

'World class' developer told to leave Sweden over admin slip
Software developer Tayyab Shabab. Photo: Private

Tayyab Shabab has a house, a job and pays tax in Sweden, but he has now been told he must leave within three weeks.

Police release men held over bomb threat on refugee home
Police officers outside the building. Photo: Robert Nyholm/TT

UPDATED: Two men arrested after a bomb threat was made against a home for refugees in Boden, northern Sweden, have been allowed to leave custody.

Embassy: No-go zones 'do not exist in Sweden'
Police on the Serbian-Hungarian border. Photo: Sofia Eriksson/TT

Sweden's embassy in Budapest has sharply rebuked Hungary after an official leaflet claimed that Stockholm and other European cities had become "no-go areas".

The Local List
Ten reasons why it's awesome being knocked up in Sweden
Being pregnant in Sweden can be pretty great. Photo: Jessica Gow/TT

US writer Lisa Ferland shares her top reasons why she thinks Sweden is wonderful for expecting mums.

The Local Recipe
Welcome in the autumn with this Swedish tiger cake
Tiger cake and coffee, the perfect combination. Photo: John Duxbury/Swedish Food

Fika: the best part of the day. Make this tiger cake and you'll keep everyone very happy.

Four arrested over Gothenburg riots
File photo of a Swedish police officer. Photo: Maja Suslin/TT

Four people have been arrested in connection with riots in a Gothenburg suburb this week.

Sponsored Article
Let's Talk: a personal Swedish language tutor in your pocket
National
Muslim teacher leaves job after not shaking male colleague's hand
Sponsored Article
‘I view the world in a different way now’
Travel
Why we adore autumn in Sweden
Gallery
People-watching: September 21st
Blog updates

7 September

Svensk or svenska? (The Swedish Teacher) »

"Hejsan! My inbox is full of questions :-). Here’s one about when to use “svensk” and…" READ »

 

23 August

A Summer in Sweden (The Diplomatic Dispatch) »

"For our first year here in Sweden we decided to have all our holidays in Sweden.…" READ »

 
 
 
Sponsored Article
'Creating a sense of home': Collective living in Stockholm
National
Stockholmers hunt killer badger after attack on neighbourhood hipster cat
Sponsored Article
Life in Jordan: 'Undiscovered treasure'
The Local Voices
Why this Russian developer is committed to helping refugees - with tech
National
Six key points in Sweden's budget plan
The Local Voices
How a Swedish name finally made recruiters notice this Iranian's CV
Sponsored Article
Gran Canaria: 'So much more than beaches'
Gallery
Property of the week: Luleå
Sponsored Article
Why Jordan is the ‘Different’ East
Gallery
People-watching: September 16th-18th
Culture
Why Swedish TV has given these kids' trucks a sex swap
Sponsored Article
How to vote absentee from abroad in the US elections
National
TIMELINE: Everything you need to know about the Julian Assange case
Sponsored Article
Why Jordan is the ‘Different’ East
Gallery
People-watching: September 14th
Politics
Why Sweden is putting troops on holiday dream island Gotland
Sponsored Article
Retiring abroad: ensuring your health is covered
The Local Voices
'What I mean when I say: I came here to blow myself up'
Sponsored Article
'There was no future for me in Turkey'
Society
VIDEO: Are Swedes that unfriendly?
Sponsored Article
7 reasons you should join Sweden’s ’a-kassa’
Features
INTERVIEW: How Arthur the jungle dog opened hearts and minds
Gallery
Property of the week: Smögen, Västra Götaland
Society
Sweden's ancient forest tongue Elfdalian fights for survival
National
Where Sweden's foreigners are from
Gallery
People-watching: September 9th-11th
The Local Voices
Shakib, 23, works and pays taxes — but will Sweden let him stay?
National
Watch this Swede roll his kayak without spilling his beer. Respect.
Gallery
People-watching: September 7th
The Local Voices
'Swedes are polarized on refugees - it's the welcome mat or the exit door'
National
WATCH: Yes, this Swedish rising star really is Abba legend's grandson
The Local Voices
'Whenever I apply for jobs I’m treated like an unwanted stranger'
The Local Voices
Is Swedish bosses' ignorance keeping refugees out of jobs?
2,966
jobs available