IDEMIA and ZWIPE achieves a new milestone


IDEMIA and ZWIPE achieves a new milestone: In a context where global demand for contactless payments is booming, biometric cards are best placed to ensure secure, hygienic, and convenient payments. The exclusive partnership and distribution agreement between IDEMIA and ZWIPE aim to promote biometric cards as the reference for tomorrow’s contactless payments in India.

 

India has been quite receptive towards biometric authentication (as shown by Aadhar enabled payment’s success) thus F.Code (fingerprint authentication) Cards are definitely a payment cards technology to watch out for. According to a recent report, 75 percent of millennials in India are comfortable using biometrics today. Biometrics is the most secured authentication as only you can be you, hence it just makes sense to have a biometric authentication for the most important password, Bank Card password (PIN).

 

IDEMIA is all set to pilot the technology in India. This card with its most basic use case will ensure that the increased amount (Rs. 5,000) of contact less transactions can be carried out seamlessly in a convenient and secure way, thereby helping Banks and Fintechs build further trust with their customers.

 

The ICCN[1] security certificate is a key milestone towards the next generation biometric card and confirms IDEMIA's outstanding expertise in the field of payments and biometrics. IDEMIA’s biometric payment chip complies with the most demanding performance and security criteria for a safe and convenient payment experience.

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