Forgot your ATM pin? You may soon make payments with your fingerprints
By Team Legistify / 2017-04-21

Have a Legal Issue?

Get connected to the Best Lawyers and Chartered Accountants Near You!


Forgot your ATM pin? A next-generation biometric card that lets you authenticate your payments with your fingerprints could soon come to your aid.

US-based company Mastercard today unveiled the new biometric card that combines chip technology with fingerprints to conveniently and safely verify the cardholder's identity for in-store purchases.

The technology was recently tested in South Africa in two separate trials.

The card builds on fingerprint scanning technology used for mobile payments today and can be employed at EMV terminals worldwide.

"Consumers are increasingly experiencing the convenience and security of biometrics," said Ajay Bhalla, President of enterprise risk and security at Mastercard.

None

Have a Legal Issue?

Get connected to the Best Lawyers and Chartered Accountants Near You!


Related Posts

Read More News on Similar Topics