Credit card or selfie? Mastercard starts biometric payments

(iStock)
(iStock)

Paris - Shoppers in a dozen European countries can make online payments using a selfie from Tuesday, under a rollout by Mastercard of new payment technology.

Removing the need to memorise a password, Mastercard said biometrics like fingerprints or facial recognition could now be used to verify a customer's identity.

The technology, unveiled at the Mobile World Congress in Barcelona in February, has been tested in the Netherlands, US and Canada, the credit card company said.

It is now available in 12 European countries before being rolled out across the world gradually next year.

"Mastercard Identity Check Mobile eliminates the need for cardholders to recall passwords, dramatically speeding up the digital checkout experience while also improving security," Mastercard said in a statement.

"Instead, the cardholder can verify their identity by using the fingerprint scanner on their smartphone or via facial recognition technology by taking a 'selfie' photo."

The 12 markets where the technology is now available are Austria, Belgium, Britain, Czech Republic, Denmark, Finland, Germany, Hungary, the Netherlands, Norway, Spain, and Sweden.

ZAR/USD
16.33
(-0.06)
ZAR/GBP
21.08
(-0.04)
ZAR/EUR
19.33
(-0.03)
ZAR/AUD
11.90
(-0.03)
ZAR/JPY
0.16
(-1.15)
Gold
1949.72
(+0.03)
Silver
26.74
(+0.09)
Platinum
928.80
(+0.44)
Brent Crude
43.52
(-0.32)
Palladium
2356.01
(+0.63)
All Share
54673.65
(-0.66)
Top 40
50399.16
(-0.59)
Financial 15
9841.32
(-2.14)
Industrial 25
72558.00
(-1.08)
Resource 10
55438.10
(+0.58)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 1302 votes
It depends on how the funds are used.
73% - 8628 votes
No. We should have gotten the loan elsewhere.
16% - 1901 votes
Vote