Biometric Payment Cards

Biometric Payment Cards Offer Frictionless Transactions with Less Cooties

As signatures for credit cards diminish in value and PINs (personal identification numbers) become more common for debit card transactions, the next wave could likely be biometric payment cards. Payments cards with smart chips have had a big impact on fraud in the U.S.. Coupled with a four-digit PIN the payment card fraud decreases exponentially.…

MasterCard Wants to Let Your Fingers Do the Paying – Securely

Mastercard has lifted the curtain on the next generation biometric card, combining chip technology with fingerprints to conveniently and safely cardholder’s identity for in-store purchases.  South Africa is the first market to test the evolved technology, with two separate trails recently concluded with Pick n Pay, a supermarket retailer, and Absa Bank, part Barclays Africa.…