Gemalto Unveiled First Biometric EMV Card for Contactless in-store Payments


Gemalto Unveiled First Biometric EMV Card: Gemalto is a Digital security firm that has been selected by Bank of Cyprus to supply the ‘EMV biometric dual-interface’ payment card for both chip and contactless payments. The company has launched the first biometric-powered credit card with a contactless technology that uses fingerprint recognition to authenticate the cardholder.

The biometric sensor card is powered by the payment terminal and does not require an embedded battery; this means there is no limit from battery life nor on the number of transactions. He further added, “Using biometrics for contactless payments is a natural move as it fits in naturally with the gesture used to pay. It allows a better user experience, enabling higher transaction amounts without entering a PIN while benefiting from the convenience of contactless.”

Using fingerprint recognition instead of a PIN code to authenticate the cardholder, the card is compatible with existing payment terminals already installed in the country. “Bank of Cyprus customers will be first in the world to enjoy biometric convenience on a contactless payment card. Gemalto’s biometric sensor payment card is designed to provide maximum security and data privacy,” said Bertrand Knopf, Gemalto’s Executive Vice President, Banking and Payment.

“In order to bring seamless authentication to the banking sector, Gemalto has leveraged its extensive expertise from secure government documents and leadership in biometric applications”, said Stelios Trachonitis, Card Centre Manager from BOC “Our customers will benefit from this innovative payment solution with the peace of mind that their biometric data never leaves their hands”

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