Calvin Ebun-Amu
Following successful trials, Mastercard will bring biometric cards to local customers in South Africa by the end of 2017. The verification functionalities of the biometric cards are facilitated by EMV-based chip technology and fingerprint recognition technology.
Cardholders will be able to use their biometric cards at any EMV-compatible card terminal around the world. Making a payment requires a cardholder to insert the card into a terminal while placing their thumb over the embedded sensor. After the fingerprint is verified, the transaction will be approved…