Biometric smart cards
Biometric smart cards
Any interesting findings regarding biometric payment cards, i.e. smart cards with embedded fingerprint sensor? Will they ever happen? If so, will you use them?
Biometric payment cards are really interesting for POS and very much interested to have one. But few points needs to get clarified like:
- For sure the cost of the card will be much higher than normal EMV cards. Will banks afford this and issue cards to customer for free?
- How is it going to be used in ATMs where cards are fully getting inserted in the ATMs? May be all ATMs need to be updated with biometric sensors so that no need to use PIN?
Another important thing I think is how customers are seeing this biometric payment card – As a security enhancement or as fancy feature! with the possible additional cost
Again if we start implementing biometric finger print access in ATMs, consumer will always have hesitation and strong question about their identity’s confidentiality and how bank will maintain so and so…..
Next, if we go ahead with the same tech. What will be the alternative in pandemics like covid. So we need to look for the alternatives tooo
Yes, I agree, cost will for sure be a driving factor, but perhaps banks will “share” some of the increased cost with its customers. Will be interesting to follow. How about registering your fingerprint? I have watched a few videos from Thales where they seem to suggest using a ‘sleeve’ for home enrolment. Makes sense since I personally would not be interested to be forced to a bank branch office to register my fingerprint. But then again, sending a sleeve to each card holder will drive cost even more.