From unlocking smartphones to gaining verified access to controlled locations, fingerprint authentication has become ubiquitous in everyone’s lives. According to a report, 81% of global consumers are ready to use their fingerprint for in-store transactions. In view of this, FAB & MAF are taking the lead to upgrade the card payment experience with the launch of the region’s first contactless biometric payment card.
Leveraging IDEMIA’s F.CODE, the world’s first biometric payment card, customers holding the new biometric payment card can authorise payments via a fingerprint sensor embedded into the card. To ensure privacy, the biometric data is securely stored in the chip and never leaves the card.
