Five ID

Five ID is a palm-based payment system for merchants. Its terminal accepts palm payments and card payments on a single device. A customer enrols their palm, links one or more payment methods and chooses a default, then pays by scanning their palm at a participating merchant. Five ID sends the transaction instruction to a payment processing partner, which charges the linked method. Five ID says it does not receive or store card numbers and is not a payment service provider. The company says palm transactions cost the merchant nothing, card payments are offered at competitive rates, palm data is encrypted and never shared or sold, customers can delete their palm data at any time, and the service is GDPR-compliant.