Astra Tech Unveils Palm Pay Technology

Astra Tech, a MENA consumer technology holding group, unveiled Palm Pay during the Dubai Fintech Summit. Developed under their CBUAE-licensed fintech subsidiary PayBy, Palm Pay introduces a contactless palm recognition service, the first of its kind in the UAE and the wider region, the company announced at Dubai FinTech Summit on May 6.

This technology will help users hover their palm over a device using user-friendly interfaces and security measures.

Palm Pay boasts security features using biometric authentication. It also offers a cost-effective alternative for merchants and consumers alike.

Dubai Fintech Summit is taking place at Madinat Jumeirah, Dubai, on May 6^th and 7^th.