By using this service and related content, you agree to the use of cookies for analytics, personalised content and ads.
You are using an older browser version. Please use a supported version for the best MSN experience.

You'll never have to remember a PIN again - MasterCard launches fingerprint-scanning payment card

Mirror logo Mirror 20/04/2017 Jeff Parsons
Credits: MasterCard © Provided by Trinity Mirror Plc Credits: MasterCard

Fingerprint scanners have already replaced PINs on premium smartphones, so why shouldn't our credit and debit cards follow suit?

That's clearly the thinking from MasterCard as the financial services company has unveiled a brand new type of payment card with a built-in biometric fingerprint scanner.

The company is testing the new cards that feature on-board computer chips in South Africa and says it hopes to roll them out to the rest of the world by the end of the year.

Before it can be adopted, the banks will have to get on board with the new tech.

According to Engadget , which tested out the cards, you'll likely get asked if you want the new technology before journeying to a branch to have your fingers scanned.

The digital template of your fingerprints (you can store up to two) are saved on the chip inside the card and it's ready to use at compatible terminals. Just like contactless payment, vendors will have to update their machinery to use the new tech.

"Consumers are increasingly experiencing the convenience and security of biometrics," said Ajay Bhalla, Mastercard's head of security.

Credits: MasterCard © Provided by Trinity Mirror Plc Credits: MasterCard "Whether unlocking a smartphone or shopping online, the fingerprint is helping to deliver additional convenience and security.

"It’s not something that can be taken or replicated and will help our cardholders get on with their lives knowing their payments are protected."

The fingerprint-reading cards aren't any bigger than a regular plastic debit card and the transaction is just as fast as typing in your PIN.

The scanners themselves are located in the top right hand corner of the card.

AdChoices
AdChoices

More from The Mirror

image beaconimage beaconimage beacon