Say goodbye to pin numbers and hello to fingerprints.
Mastercard just unveiled what is supposed to be the “next generation biometric card,” by combining chip technology with fingerprints to conveniently and safely verify a cardholder’s identity for in-store purchases.
So, instead of typing out your pin number, just have the card scan your fingerprint, kind of how you unlock an iPhone.
When shopping and paying in-store, the biometric card works like any other chip card. The cardholder simply dips the card into a retailer’s terminal while placing their finger on the embedded sensor. The fingerprint is verified against the template and – if the biometrics match – the cardholder is successfully authenticated and the transaction can then be approved with the card never leaving the consumer’s hand.
South Africa is the first market to test the new technology, as seen in the picture above, but the new cards should start rolling out worldwide soon enough.
[Via The Verge]