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Fingerprints, M-Tech team up to launch contactless biometric cards in India

Tuesday 1 December 2020 10:30 CET | News

Sweden-based biometrics company Fingerprint Cards and M-Tech Innovations, an India-based smartcard manufacturer, have teamed up to launch contactless biometric payment cards in the Indian market.

The card features a module provided by Fingerprints, which has ultra-low power consumption and is tailored to be integrated in payment cards using standard automated manufacturing processes.

Contactless and digital payments are growing fast in India, as consumers are choosing touch-free ways of paying. Adding biometrics to contactless payment cards aims to increase the security needed to remove the current USD 27 payments cap and allow contactless payments for all transactions.


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Keywords: fingerprints, M-Tech, partnership, India, Asia, biometric cards, contactless payments
Categories: Payments & Commerce
Companies:
Countries: India
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Payments & Commerce






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