A fintech company, Accelerex, has unveiled a solution allowing users to pay with their fingerprints.

In a statement made available to our correspondent on Wednesday, it was indicated that the ‘Pay with Fingerprint’ solution would be the first to be deployed on Point of Sale terminals in Nigeria, allowing bank account holders to make secure and convenient payments at merchant locations using their fingerprints on biometric-enabled PoS devices.

According to the firm, the solution leverages advanced biometric technology to enable payment while enhancing security for consumers and merchants.

It added that it addressed common challenges, such as card fraud and the inconvenience of carrying physical cards, paving the way for a more efficient and secure payment ecosystem.

The Managing Director of Accelerex Nigeria, Chuks Anakudo, said, “The launch of Pay with Fingerprint is a testament to our unwavering commitment to revolutionise Nigeria’s payment infrastructure with secure, user-centric solutions that provide consumers with choices.”

Accelerex has over 150,000 merchants and agent endpoints across Africa and has consistently ranked as a top provider of payment channel services (by value of transactions processed) in Nigeria since 2018.

It currently operates in Nigeria, Ghana and East Africa, with plans to expand to other parts of the continent in the future.