What are Fingerprint Cards
As technology advances, banks and credit card companies also continue to find new and better payment systems that do not only provide purchasing power and convenience, but protection against fraud and identity theft as well.
Fingerprint Cards?
Have you heard about fingerprint cards? What is this new system and how does it work? Can fingerprint payment be really the solution to fraud?
Fingerprint payment system was introduced in 2002, at a supermarket called Thriftway in Washington. Customers were first asked to register their profiles and their credit cards. Those who have registered were able to pay using their fingerprints in accessing their profile. Since no two fingerprints are the same, this system hopes to eliminate the risk of credit card fraud and unauthorized transactions. (more…)
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