Last updated on September 20th, 2020 at 02:15 pm | This article was published at an earlier date and has been updated with new information.
MasterCard with FingerPrint Scanner – New era of Technology?
MasterCard with FingerPrint Scanner – New era of Technology – New era of Technology has come and a new phase is about to roll in. Just like in the case of smartphones, where password and pin codes are been replaced with Pattern to unlock and also with fingerprint and iris scanner as a means of unlocking your device; MasterCard Company coming up with her own technology.
How to Use the New MasterCard with FingerPrint Scanner
You will have to insert credit card as usual.
You will be required to put your thumb on it.
Then Finally, You walk away with your purchase.
The new cards are currently being tested in South Africa, and MasterCard hopes to roll them out to the rest of the world by the end of 2017. Also read; David Oyedepo Foundation 2017 Scholarship Application Form ongoing
More Facts About the MasterCard with FingerPrint Scanner
MasterCard is testing out new fingerprint sensor-enabled payment cards that, combined with the onboard chips, offer a new, convenient way to ”authorize your in-person transactions”. Instead of the usual way of signing a paper receipt or entering your PIN while trying to cover up the number pad, you simply place your thumb on your card to prove your identity. That’s simple like A,B,C,D
How Will MasterCard with FingerPrint Scanner Work?
- Firstly, your bank will alert you that the biometric card is available, and if you are interested, then you will have to go to an enrollment center (most likely a bank) to get your fingers scanned.
- An encrypted digital template of your fingerprint is stored on the card’s EMV chip. You can save up to two prints, but they would both have to be yours.
- You can’t authorize someone else to use your card with their fingers. After your templates are saved, your card is ready to be used at compatible terminals worldwide.
Even if the card is stolen, the other ‘thief’ won’t be able to use it since his/her finger print scanner won’t be identified. Of course, you’ll still have the option to use your PINcode.