The reality is that the majority of point-of-sale payments are still made using payment cards, often out of habit and because it is perceived to be convenient. As the saying goes, "old habits are hard to break".
Global payment card volumes are projected to grow for the foreseeable future and biometric payment cards may actually drive and extend this trend. Meanwhile, many leading suppliers of mobile wallets have already introduced payment cards, most notably Klarna, Stripe, Uber, Paytm, Apple, etc.
We believe that issuers will want to offer consumers different payment alternatives for different purposes to provide a better customer experience. Our technology provides a great experience to the end user at the point of sale because it is quick, seamless, reliable and works everywhere without a battery.
From a wear and tear perspective, how resilient and robust is a biometric payment card?
A biometric payment card is a dual-interface (contact-based and contactless) payment card with an integrated fingerprint sensor enabling the use of your fingerprint as the primary form of authentication for payments.
For which product forms and markets does Zwipe provide solutions?
No. After enrollment, your biometric payment card is programmed to lock completely. It will not be possible to de-enroll your fingerprint or enroll any other fingerprint on your card after you have enrolled your finger on the card.