EXCLUSIVE – Biometrics is expected by many to make it big in the payments space this year. Just ask Fingerprints Card AB, which teamed up with Visa on a dual-interface biometric payment trial in the U.S.
Along with Mountain America Credit Union, the Swedish biometrics company Fingerprints announced yesterday that it would launch a dual-interface (chip- and contactless-enabled) payment card.
Mountain American Credit Union customers can enroll in the program online. As for point of sale merchants, there are no infrastructure changes. Once the fingerprint is enrolled, the user only needs to place the finger on the card to authenticate their identity and initiate payment.