Guangzhou GRG Intelligent Technology Solution Co., Ltd. On July 4th, the “palm scanning payment” solution jointly developed by GRG Intelligent and Tencent was unveiled at the 2023 Global Digital Economy Conference’s Premium Theme Exhibition. The 2023 Global Digital Economy Conference, led by the Beijing Municipal People’s Government, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Commerce, the Cyberspace Administration of China, and the China Association for Science and Technology, aims to create a national platform for showcasing the latest achievements in the global digital economy and a world-class platform for exchange and cooperation in the global digital economy.
As a leading enterprise in the urban intelligence sector under GRG Banking, GRG Intelligent shares the same innovative DNA as its parent company. It provides digital travel solutions and smart terminal equipment for customers in the metro, high-speed rail, urban roads, and highways industries. Relying on its independent core technologies, GRG Intelligent has developed into an industry-leading innovative enterprise.
The metro palm scanning product exhibited at the conference utilizes dual-mode fusion recognition technology combining palm prints and palm veins, significantly reducing the misidentification rate caused by factors such as twins, lighting, and operation methods. It can accurately capture payment intent without considering terminal battery life, without needing to open an app, and without worrying about counterfeiting or misuse. Passengers can complete the payment simply by placing their palm near the device, providing an excellent experience and service value for both passengers and operators.
In May of this year, the “palm scanning” service for boarding trains was officially launched on the Daxing Airport Line of Beijing Subway, attracting widespread attention. As the general contractor, GRG Intelligent provided the overall solution and implementation services for the project, helping the Daxing Airport Line of Beijing Subway become the world’s first demonstration line for palm scanning payment technology application. During this period, GRG Intelligent deployed key technologies and core products for palm print and palm vein recognition applications, applied for multiple patents, and participated in the formulation of relevant standards, achieving overall coverage of industry standards, patent technologies, core products, and application scenarios. The impressive debut of the palm scanning payment product at this premium exhibition will enhance GRG Intelligent’s innovation reputation in the global industry and accelerate its pace of driving the digital transformation and upgrading of the global rail transit industry through technology. With the advent of the digital economy era, GRG Intelligent will seize the historical opportunity of digital economy development, strive to fulfill the national vision of “safe, low-carbon, smooth, inclusive, and enjoyable” transportation, continuously delve into cutting-edge AI technologies, and accelerate the implementation of “AI + transportation” solutions, bringing passengers a smarter and more humanized travel experience.
