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Samsung Electronics and MasterCard have signed a MoU (memorandum of understanding) that will help both companies launch a payment card with fingerprint sensor.
Now anything is possible in the world of technology. Every day we are watching and learning about new technology. If we talk about fingerprint sensor, then this technology has started coming from laptops to smartphones and other devices as well. But now it can also be included in your payment card. Yes, according to the unique plan of Samsung and MasterCard, now your debit and credit card will be equipped with fingerprint sensor.
Samsung Electronics and MasterCard have signed a MoU (memorandum of understanding) that will help both companies launch a payment card with fingerprint sensor. With this step, both companies will give customers a safe option to pay.
That is, if you make your payment at any shop or petrol pump, then you will not need to enter your debit card PIN, but you can access it directly by putting a fingerprint on your card. According to the report, a new security chipset will be installed in these biometric cards which will make the Samsung system LSI business. With its help, users will be able to use it on any MasterCard chip terminal.
When it will be launched, it is not currently known but it will be launched in South Korea first. After this, the company will gradually introduce it in other countries of the world as well. It has also been said in the report that the Samsung card will also be available as a corporate card.