MasterCard and Zwipe launch biometric contactless payment card

Monday 20 October 2014 13:00 CET | News

MasterCard and Zwipe have partnered for the launch of a contactless payment card featuring an integrated fingerprint sensor.

The Zwipe MasterCard payment card is a fingerprint authenticated contactless payment card. It includes an integrated biometric sensor and the Zwipe secure biometric authentication technology that holds the cardholder’s biometric data. It contains an EMV certified secure element and MasterCard’s contactless application.

The card is the first to combine the security of biometric authentication with contactless payment. Cardholder fingerprint data is stored directly on the card, not in an external database. After activation by a simple fingerprint scan, the Zwipe MasterCard card can be used to make contactless payments. The biometric authentication replaces the PIN entry, thus enabling cardholders to make payments of any amount, unlike other contactless payment cards on the market.

MasterCard is a technology company in the global payments industry that operates the payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories.

Zwipe challenged the status quo of identity verification by replacing PINs and passwords with fingerprint authentication. Zwipe fingerprint authentication technology harvests the energy needed from already existing access, transport, border control and financial infrastructures.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: MasterCard, Zwipe, biometric, contactless, payment card, fingerprint sensor, online security, online payments
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

Industry Events