As mentioned before, in order to increase the security of credit cards, credit card companies will add fingerprint recognition technology to credit cards.
Just when we thought that this technology would take some time to be put into practice, MasterCard recently announced that it will work with AbasBank, a subsidiary of BarclaysAfrica, and one of the large supermarket chains in South Africa. PicknPay" to conduct relevant tests.
According to the news, consumers who are interested in using fingerprint recognition credit cards need to register and apply at relevant financial institutions. Their fingerprint data will be converted into a set of digital templates and stored on the credit card chip in an encrypted manner.
When the credit card enters the reader, the cardholder puts his finger on the sensor at the same time, and the relevant information is encrypted and sent to the bank, and the payment can be completed after verification. The whole process does not require Put your credit card in anyone's hands.
The technology used by MasterCard this time uses fingerprint recognition and converts the data to be stored on the credit card chip. Therefore, stores using this service do not need to equip new card readers. They can just use the original ones. It is said to increase the possibility of popularization.
According to MasterCard’s plan, it will also expand its test plan to Europe and the Asia-Pacific region in the future. However, given Hong Kong’s history of embracing innovative technology, it should not come so soon!
ArloPro network camera lens - waterproof, built-in battery, wireless, please click: anlar This article was first published on TechRitual; title: "Fingerprint recognition" credit card begins public beta, MasterCard cooperates with supermarkets in South Africa; content sponsorship :NETGEARorbi, MeshWiFi master machine design opens up village houses;