Giving consumers and merchants additional advanced secure verification that further extends today’s frictionless and highly secure payment options, the addition of biometric functionality to EMV payment cards paves the way for high-value contactless payments and provides an easy-to-implement resolution to the challenge of driving financial inclusion in markets like Africa, South America and the Indian sub-continent.
In its new Biometrics in Payment paper, the Smart Payment Association (SPA) evaluates the definitive security and convenience advantages offered by sensor-on-card recognition and verification, how this approach fits well with existing EMV architectures, and provides recommendations on the key considerations for the design of underlying enrolment subsystems and enrolment programs.
You can download the SPA Biometrics in Payment Insight Paper here.