Over at MWC 2016, it isn’t all just about the latest smartphones and smart gadgets, we also have Mastercard announcing that the credit card company will begin accepting selfie images and fingerprints as proof of identity when making online payments. The move comes after the company trialled the technology in The Netherlands and the U.S. in 2015.
Nine out of ten Dutch trial participants said that they preferred paying online with biometric verification as opposed to the current method of typing in selected letters from their password.
The verification method works with the user downloading an application to their computer, smartphone, or tablet. When making an online payment, the user will still have to submit their credit card details, and can then choose to pose for a selfie or to use a fingerprint scanner to verify their identity. If the user chooses the selfie verification method, they will be asked to pose for the selfie and blink, this is so the system can confirm it is the real person and not a picture, thus cutting down on possibile fraud.
“Biometrics, unlike passwords, ensures convenience. People forget passwords, making the payment process unnecessary long and complex so we expect that passwords will slowly become obsolete in favor of a more user friendly alternative, such as biometrical identification,” says André IJbema, Manager Risk Management at ICS
Mastercard says it will roll out the biometric verification system in the summer of 2016 in the following countries: US, UK, Canada, Netherlands, Belgium, Spain, Italy, France, Germany, Switzerland, Norway, Sweden, Finland and Denmark.
Don’t forget, you can catch up on the rest of our MWC 2016 coverage right here.
Source: BBC
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