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Payment Trends 2016

finger vein visa

One of the world’s biggest payment providers is researching how to boost the security of your transactions with a new biometric service that could  end PIN numbers and passwords.Visa Europe Collab, the development arm of Visa, has teamed up with biometrics start-up Sthaler and global payments company Worldpay to trial ‘Fingopay’, a new form of payments utilising finger vein technology.

The new technology registers and scans for a print of a user’s finger vein pattern each time they pay for goods at a Point of Sale (PoS) point. This print is highly unique, with only a one in 34 billion chance that two people share the same finger vein pattern

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