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Samsung and MasterCard’s unique initiative will be fingerprint scanner on debit and credit cards

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Debit card close: Big alert for bank customers! Debit card will be closed after 31st October, you will not be able to withdraw money
Debit card close: Big alert for bank customers! Debit card will be closed after 31st October, you will not be able to withdraw money
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Samsung and MasterCard have signed an MoU. This will help both companies to launch a payment card with a fingerprint scanner.

new Delhi. Nowadays the trend of Debit / Credit Card (Debit / Credit Card) is increasing. As you know, card payment is quite easy. But many times think that if the card is stolen or someone finds out the PIN, then the chances of getting fraud are increased. But now paying with debit and credit card (Debit / Credit Card) will be more secure as your card will be equipped with a fingerprint scanner.

An agreement between Samsung Electronics and MasterCard has been signed by
South Korean giants Samsung Electronics (Samsung) and global payment giant MasterCard (MasterCard). This will help both companies to launch a payment card with a fingerprint scanner.

No PIN required, you will be able to pay by entering fingerprint

When you go to any POS and make your payment, you will not need to enter your card PIN. Now you can complete the payment by fingerprint authentication of the card. According to the report, cards with fingerprint scanners will be installed a new security chipset that will make the Samsung system LSI business.

The need for fingerprint authentication to

use is an advantage that anyone who knows the PIN of a card in a house can shop whenever they want. But after the arrival of this card, you will not be able to use your father’s card also, because to use this card, fingerprint authentication will be required.

Firstly,

this card technology will be launched in South Korea . MasterCard had demoed it in 2017 with its biometric card but could not become popular on a large scale. At present, the company has a deal with Samsung. For this, Samsung’s technology will be used. This biometric card will be first launched in South Korea.

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