The world’s first fingerprint payment card November 07, 2014 | 10:40 / Technological innovations

The new generation cards will include a biometric sensor, the cardholder's fingerprint data and MasterCard’s contactless application. The card is activated by pressing the holder's thumb against the scanner. With the card's fingerprint scanner, the sensor identifies a user's fingerprint in a second comparing it with data stored in the card's memory. This procedure makes contactless payment simple, secure and quick.

Fingerprints will no longer be kept in an external database, as is the case with regular bank cards; information will be stored on the card itself. On top of that, biometric authentication will do away with limits on the amount of money transacted.

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