Fingerprint Cards, based in Switzerland, has joined up with card manufacturer Tag Systems to provide an advanced biometric payment card solution for consumers worldwide.
Cardholders will be able to benefit from the security of biometric-enabled payment cards thanks to the wider client base of banks, fintech, and Tag Systems.
The solution will be built on Fingerprints’ biometric technology, which is already being used in more than 30 pilots and commercial launches throughout the world. The ST Microelectronics STPay-Topaz-Bio-based payment card solutions and services from Tag Systems will be integrated with the pre-certified T-Shape sensor module from the Fingerprints and software platform.
Michel Roig, President of Payment & Access at Fingerprints, stated, “Tag Systems is a fast mover in the ecosystem and a company known for offering the latest high-end payments services. Together we are addressing the security concerns of many consumers while maintaining and even enhancing the contactless convenience that they know and love. In Tag Systems we have a partner that both shares our belief in the value of biometric cards and can bring added value through their biometric card as a service offering.”
Furthermore, Fingerprint Cards has worked with several other organizations to offer contactless biometric payment cards all around the world. The business announced its collaboration with Middle Eastern financial and banking solutions supplier Tesco in September to accelerate the uptake of contactless biometric payment cards. Fingerprint Cards collaborated with Mswipe and Transcorp in India with the goal of reaching 940 million active cardholders there.
Olga Baró, Commercial and Marketing Director of Tag Systems, commented, “With this partnership we aim to make biometric cards the top-of-wallet choice for consumers, leveraging Fingerprints’ established and proven solution for biometric cards. Cardholders will approve the transaction by fingerprint authentication which will result in safe, easy, and convenient payments for everyday purchases.”