Mastercard Unveils Credit Card With Fingerprint Sensor

Mastercard Unveils Credit Card With Fingerprint Sensor

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Mastercard today unveiled a credit card with a built-in fingerprint sensor. The goal is to safely verify the cardholder's identity for in-store purchases.

South Africa is the first market to test the evolved technology, with two separate trials recently concluded with Pick n Pay, a leading supermarket retailer, and Absa Bank, a subsidiary of Barclays Africa. The new card builds on fingerprint scanning technology used for mobile payments today and can be used at EMV terminals worldwide.

“Consumers are increasingly experiencing the convenience and security of biometrics,” said Ajay Bhalla, president, enterprise risk and security, Mastercard. “Whether unlocking a smartphone or shopping online, the fingerprint is helping to deliver additional convenience and security. It’s not something that can be taken or replicated and will help our cardholders get on with their lives knowing their payments are protected.”

How It Works
A cardholder enrolls their card by simply registering with their financial institution. Upon registration, their fingerprint is converted into an encrypted digital template that is stored on the card. The card is now ready to be used at any EMV card terminal globally.

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.

Additional trials are being planned in Europe and Asia Pacific in the coming months.


Mastercard Unveils Credit Card With Fingerprint Sensor
1
Dante - April 21, 2017 at 10:32pm
Hey I got an idea why not build more things to track what we do every day
MUKAI - April 20, 2017 at 10:16pm
This is the lamest card ever. You insert it in the chip reader then you place you thumb on it? Waste my time why don't you. Apple Pay is faster and better
Me - April 20, 2017 at 2:51pm
That pic is hilarious. No one looks at each other like that. Nice wig too
Ben - April 20, 2017 at 2:41pm
So how would it work in a restaurant? Clearly going with the waiter to the cashier is not an option lol
Like this... - April 20, 2017 at 3:39pm
In a lot of countries restaurants have wireless card swipers... the waiter comes to your table with it and runs your credit card, then the thing spits out a printed receipt. What sucks about it is that you have to stare at the waiter while he keys in whatever tip you gave him... so that can be awkward if you were not thrilled with the service. ;-)
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