• What is PayLuft?
  • PayLuft is a biometric payment system that allows anyone to purchase goods and services free of any devices - mobile phones, credit, debit cards. PayLuft frees merchants from carrying expensive special hardware or terminals required for current contactless payments. With PayLuft, all contactless payments are initiated, and authorized device free, more securely and accurately than contactless payment systems in use today across global retail markets.
• What exactly does PayLuft solve?
  • PayLuft solves the accuracy problem of a biometric payment method that could not be used due to low accuracies previously. With PayLuft, accuracy is at 99.99% which allows for this type of biometric authentication and payment system to be used for all payments. PayLuft also tackles the Privacy issue as some biometric payment systems intrudes the users' privacy and cannot be used per strict regulations.
• On which devices does PayLuft run on?
  • PayLuft's current version runs on desktops as a web application. Currently, we are working to build native applications for it for mobile apps (Android & iOS).
• On which markets will PayLuft be available?
  • PayLuft is planned to be tested first in Poland, followed by Germany, Sweden, Norway, and Denmark. Based on a successful launch in test markets, PayLuft plans to expand to the rest of Europe. PayLuft's plan is to grow quickly and successfully in all markets in all regions.

Email us if you would like to be an early investor in PayLuft.