Mastercard announced the first regional test of biometric card technology in Mexico
First biometric card trial announced in Mexico. Source: shutterstock.com
Mastercard and Edenred announced the first regional test of biometric card technology in Mexico. The effort, focused on state benefits programs, features an embedded fingerprint sensor that provides an additional layer of security to verify the cardholder’s identity for in-store purchases.
The biometric features can be implemented on any Mastercard card product (credit, debit, prepaid) and work with existing EMV card terminals globally, helping merchants enhance the shopping experience without requiring any hardware or software upgrades.
Issuers can leverage the biometric match data to increase their approval rates and help reduce the potential of card-present fraud. Benefit program providers can glean greater insight into user spending and show their commitment to technology and innovation.
