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Forgot your ATM pin? You may soon make payments with your fingerprints

If biometrics match, cardholder is successfully authenticated and transaction can then be approved

Press Trust of India  |  Washington 

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 ...

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First Published: Thu, April 20 2017. 15:22 IST
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