Tags Identification Payments Startups
Bank of Cyprus customers will be first in the world to enjoy biometric convenience on a contactless payment card. The Bank of Cyprus, in cooperation with Gemalto, has developed the world’s first EMV biometric cards, which use fingerprint recognition instead of a PIN code to authenticate cardholders. Gemalto’s biometric sensor payment card is designed to provide maximum security and data privacy while also allowing for a better user experience and enabling higher transaction amounts. The card is compatible with existing payment terminals already installed in the country.
Bank of Cyprus customers can complete the enrollment process at bank branches, using Gemalto’s tablet designed for this solution.