May 7, 2019
Mastercard and Edenred, a provider of payment solutions via mobile apps, online platforms and cards, have launched the first regional test of biometric card technology in Mexico, according to a press release.
The test, which is focused on state benefits programs, features an embedded fingerprint sensor that can verify the cardholder's identity for in-store purchases.
The biometric features work on any credit, debit or prepaid Mastercard and work with existing EMV terminals without the need for major hardware or software upgrades by the merchant.
"This trial allows Mastercard and Edenred to support financial inclusion and implement new technology in partnership with the Mexican state social welfare agency in Sonora, demonstrating the true value of private-public partnerships in delivering meaningful programs," Jorge Noguera, president of Mastercard Mexico and Central America, said in the release.
"The administration for Sonora State is committed to technological innovation and the introduction of the biometric card for social benefits programs reflects this commitment," said Manuel Puebla Espinosa de los Monteros, Secretary of Social Development in Sonora.
Topics: Card Brands, Region: Americas, Security
Companies: MasterCard
Sponsored Links: