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Kona I receives Mastercard's Vendor Letter of Approval

Monday 19 April 2021 12:06 CET | News

Korea-based IT company Kona I has announced that its biometric payment card has received Mastercard’s Vendor Letter of Approval.

Kona I is Precise Biometrics’ partner in the smart cards product area, the biometric technology behind the card itself being provided by Precise Biometrics.

According to biometricupdate.com, receiving Mastercard’s endorsement means the biometric payment card satisfies Mastercard compliance requirements and procedures, including CAST, CQM, CSI, and IAT.

Kona I’s biometric card features a built-in fingerprint recognition sensor and runs on the Precise Biometrics product BioMatch Card. The algorithm solution for fingerprint recognition in biometric cards is designed to enable passwordless contactless payments.


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Keywords: Mastercard, biometrics, fraud prevention
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: Korea, Republic of
This article is part of category

Securing Transactions