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Mastercard has partnered with Zwipe to launch what it claims to be the world’s first fingerprint authenticated payment card, according to a report by IBTimes UK. Using the fingerprint sensor, the Zwipe MasterCard card authenticates contactless payments and can be easily integrated with other payment technologies.
“Biometrics makes it very simple and convenient for consumers,” Ajay Bhalla, president of enterprise security solutions at MasterCard, told the IBTimes UK. “Passwords are inconvenient, they’re a big hassle and they get compromised. We believe that biometrics are the way of the future because your biometrics are unique to you, and when we marry your uniqueness to a device, then that authenticates you.”
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