Plume payments Overview
- Headquarters
- Paris, Fr
- Industry
- Financial Services
- Employees
- 6
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
Keywords
About Plume payments
Current means of payments are slow, insecure, inconvenient, and non-intuitive. We created Plume to offer users a frictionless payment experience at points of sales, without extension of self. For businesses, it automates checkout processes, reduces employee need, decrease transaction fees and save costs. Plume is composed of a small palm vein sensor that is recorded to existing payment terminals in shops. The user simply places his hand over the scanner, which emits a near infra-red light to read 5 Million points inside a user’s hand palm. The image is compared against the database to search for a match. If it matches, the authentication is approved by Plume and the user’s bank approves the payment. The global non-cash transaction market will grow from 101B € in 2015 to 140Bn € in 2020. The transactions processed by retail payment systems in EU amounted to 51Bn transactions for a value of 41 Trillion € in 2015. This is our market. We're hiring ! We are currently looking for a Software engineer to join the team. CV to be sent to @louis.kozlow@essec.edu
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