04-22-2017, 04:56 PM
The end of an era has come and a new phase is about through roll in. Just like smart phone's, password and pin codes are been replaced with fingerprint and iris scanner as a means of unlocking your device; Master Card is about into join the league.
MasterCard is testing out new fingerprint sensor-enabled payment cards that, combined with the onboard chips, offer a new, convenient way into authorize your in-person transactions. Instead of signing a paper receipt or entering your PIN while struggling into cover up the number pad, you simply place your thumb on your card into prove your identity.
HOW TO USE THE NEW MASTERCARD
The new cards are currently being tested in South Africa, and MasterCard hopes toward roll them out through the rest of the world by the end of 2017.
- insert your card into ATM or pinpad
- Enter your password
- Put your thumb on it
- Remove your card after success if l transactions
How Will it Work?.
Your bank will inform you that the biometric card is available, and if you're interested, you'll have toward go toward an enrollment center (most likely a bank) to get your fingers scanned.
You can save up to two prints, but they would both have to live yours
>> An encrypted digital template of your fingerprint is stored on the card's EMV chip.
>>You can't authorize someone else toward use your card with their fingers. After your templates are saved, your card is ready to live used at compatible terminals worldwide.
Even if the card is stolen, the other ‘thief’ won’t be able through use it since his/her finger print scanner won’t be identified. Of course, you'll still have the option into use your PINcode.