]ST. PETERSBURG, Fla.– PSCU/Co-op Solutions has announced the addition of Amazon One—which allows for payment by palm print-- to its suite of digital wallet integrations for client card issuers.
“Employing a contactless, biometric-based identity system (palm signature), Amazon One is available immediately on a pilot basis for credit unions, with general availability planned for late Q2 2024,” the company said.
It added that Amazon One joins Apple Pay, Google Pay, Samsung Pay and Garmin Pay among PSCU/Co-op Solutions’ digital wallet solution set, and that it is accepted at an expanding list of outlets, including select Whole Foods, Panera Bread and Starbucks locations, as well as T-Mobile Park, Coors Field, Crunch Fitness and airport stores like Hudson, CREWS and OHM.
‘Expansive Choice’
“From cash to crypto and mobile phones to wearables, consumers now have an expansive choice of payment methods,” PSCU/Co-op Solutions SVP-Product Experience Jeremiah Lotz said in a statement. “Yet, they still love the reliability, security and perks of their go-to debit and credit cards. Issuers that make it easy for cardholders to connect their preferred cards to their digital wallets earn trust, demonstrating a willingness to invest in financial innovation without sacrificing the personal service consumers expect from their financial institution.”
More Than Just Payments
PSCU/Co-op Solutions noted venues are now relying on Amazon One for more than payments, including entry to events and identification for rewards/loyalty program access.
“Amazon One is a great example of disruption that leverages the proven authentication strategies of established payments rails for an expanded set of digital experiences,” Lotz continued. “The recent combination of PSCU/Co-op Solutions further enables us to bring best-of-breed technology and resources to help our clients compete in the financial services market. The addition of Amazon One is part of our commitment to seamlessly connect innovative providers along the payments value chain, all with a strong focus on user experience.”
According to the company, along with an enhanced payments experience, credit union members will also benefit from the additional security offered by Amazon One.
“Unlike an account number or password, a palm signature is nearly impossible to replicate,” PSCU/Co-op Solutions said.
‘Takes a Few Seconds’
Added Brandi Dye, SVP-operations with Idaho Central Credit Union, “At Idaho Central Credit Union, we are excited to bring Amazon One to our membership. At participating retailers, our members are now able to sign up for Amazon’s convenient, secure, contactless payment method using the palm of their hand. Personally, I was impressed with how easy and seamless the experience is, taking just a few seconds to scan your palm and complete your purchase. We understand the payments landscape is always evolving and love bringing the latest and greatest technology to our members.”
‘Easy’ to Enroll
PSCU/Co-op Solutions said participation in Amazon One is also easy and that the company supports the token enrollment and all other set-up, with implementation expected to take less than eight weeks.
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