Samsung and Mastercardto add extra security and reduce physical touchpoints finger print Works on payment card with support. Samsung is collaborating with Mastercard on a biometric scanning payment card with a built-in fingerprint reader. announced.
Technology developed, MastercardIt resembles the biometric payment cards introduced in 2017 and allows you to verify your purchases without ever touching a keypad. But instead of using Mastercard’s existing technology, Samsung will “Samsung will adopt a new security suite integrating several key separate chips from System LSI Business” expressed.
Samsung and Mastercard will reduce physical touchpoints
The purpose of the developed card is that since your fingerprint is scanned directly from your own card and not from an external point of sale device, it is claimed to increase security while reducing physical touch points. In addition, your card does not contain any Mastercard chip or POS It is also stated that it is compatible with Mastercard’s authentication technology, as it can be used in the terminal.
Although the card will use Mastercard on the settlement and point of sale side, according to Wikipedia, Samsung Life Insuranceowned and South Koreais the largest credit card company in Samsung Card will be financially supported by.
Card later this year South KoreaHowever, Samsung has yet to reveal whether the card will be available in other regions.
To compare the new card with its biggest competitor, Apple Card, Apple Card It was mostly designed for use in a smartphone. However, Apple offers a physical titanium card with your laser engraved name on it. However, if you use Apple’s physical card, it does not have a built-in fingerprint reader. POS You must enter a code on your device.
Samsung ve MastercardThe jointly developed card will reduce the physical contact points to almost zero thanks to the fingerprint reader.
What are your thoughts on the newly announced card? What do you think Apple CardCan he be a good competitor to? You can share your ideas with us in the comments section.