Mastercard announced on Thursday the launch of a biometric card that combines chip technology with fingerprints in order to allow consumers to easily authorize financial transactions and verify their identity when making a purchase.
Before using the fingerprint feature, cardholders need to register the card with their bank. During this process, the user’s fingerprint is converted into an encrypted digital template and stored on the card.
When making an in-store payment, customers dip their card into the point-of-sale (PoS) terminal and scan their fingerprint on the embedded sensor. If the fingerprint matches the one stored on the card, the user is authenticated and the transaction is approved.
In the future, Mastercard plans to combine the new biometric feature with contactless technology in order to make purchases even more convenient.
Mastercard believes the new cards have benefits not only for consumers, but also for issuers, as the technology can help detect and prevent fraud, reduce operational costs, increase approval rates, and stimulate customer loyalty.
The new cards have so far been tested in South Africa by supermarket chain Pick n Pay and Barclays Africa subsidiary Absa Bank. Trials are also being planned for Europe and the Asia Pacific region in the coming months. In the meantime, these cards work at any existing EMV terminal without requiring any software or hardware upgrades.
Over the past years, Visa, Mastercard and American Express have been working on introducing security enhancements designed to protect consumers, merchants and banks against fraud.
However, fraudsters and cybercriminals have also started developing the tools and techniques necessary to bypass modern security mechanisms, such as the ones that rely on biometrics.
Related: EMV Payment Cards: Salvation or Failure?
Related: Online Fraud in the U.S. Grew Dramatically Post-EMV

Eduard Kovacs (@EduardKovacs) is a managing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.
More from Eduard Kovacs
- China’s Offensive Cyber Operations in Africa Support Soft Power Efforts
- SANS Survey Shows Drop in 2023 ICS/OT Security Budgets
- Apple Patches 3 Zero-Days Likely Exploited by Spyware Vendor to Hack iPhones
- Cisco to Acquire Splunk for $28 Billion
- Car Cybersecurity Study Shows Drop in Critical Vulnerabilities Over Past Decade
- Omron Patches PLC, Engineering Software Flaws Discovered During ICS Malware Analysis
- Intel Launches New Attestation Service as Part of Trust Authority Portfolio
- Atos Unify Vulnerabilities Could Allow Hackers to Backdoor Systems
Latest News
- In Other News: New Analysis of Snowden Files, Yubico Goes Public, Election Hacking
- China’s Offensive Cyber Operations in Africa Support Soft Power Efforts
- Air Canada Says Employee Information Accessed in Cyberattack
- BIND Updates Patch Two High-Severity DoS Vulnerabilities
- Faster Patching Pace Validates CISA’s KEV Catalog Initiative
- SANS Survey Shows Drop in 2023 ICS/OT Security Budgets
- Apple Patches 3 Zero-Days Likely Exploited by Spyware Vendor to Hack iPhones
- New ‘Sandman’ APT Group Hitting Telcos With Rare LuaJIT Malware
