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Unlike traditional smartcards most people are familiar with, a biometric payment card is a credit or debit card that uses the holder’s fingerprint to verify the genuineness of one’s transaction. Biometric cards introduce a layer of security that is not available in the traditional cards, the biometric fingerprint identification card possesses more impressive features. Various data are stored in the card’s secure elements; such data include the template of the holder’s fingerprint, the personal account details, and matching engines that confirm that the fingerprint presented at payment is authentic. This card allows consumers to keep hold of their biometric data rather than a third party having access. If holders misplace their cards, their data remains safely encrypted in the secure elements, and anyone who comes across them cannot use them. Biometric cards ultimately put the challenge of fraud in check.
In this century, there is no doubt that cards are the most popular way to make payments across the world among digital consumers. Cash payment is beginning to phase out as more transactions are being digitally processed. However, even traditional cards are now being threatened as they may soon be replaced by biometrics which has been proved to be more reliable …
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