Biometric payment cards with integrated fingerprint sensor make contactless payments more convenient, more secure and hygienic. The contactless card remains in the hands of the cardholder throughout the entire payment transaction, while eliminating the need for PIN entries or signatures to authorize even high-value payments. Infineon Technologies AG and Fingerprint Cards ABΒ have joined forces to enable mass deployment of this emerging solution.
The world leaders for security controller in contactless payment and for fingerprint sensors incl. their related software aim to provide card makers with biometric semiconductor solutions which make integration particularly cost-efficient and scalable. The fingerprint information is stored on the cardβs embedded secure element and not shared with any third party, thus protecting the userβs credentials.
Authorizing payments without handing over the card is a huge step forward in terms of user experience, data security and hygiene. We selected Fingerprints as they are the leading biometric silicon and technology provider with market proven performance. Jointly, we want to drive the industrialization of biometric payment cards from a niche into mass market rollout,β said Bjoern Scharfen, Head of the Payment and Transport Ticketing product line at Infineon. βCombining Fingerprintsβ leading biometric technology with our expertise in chip security, energy efficiency and contactless performance, we will develop a system solution that is easy to integrate and gives our customers a head start in an emerging growth market.β
βCollaboration is key in the payment ecosystem, in which Infineon is a leading player. Together we will produce an optimized solution that will make it easier for card manufacturers to integrate biometrics into future generations of contactless payment cards, ultimately putting these cards into the hands of consumers around the world to enable a worry-free payment experience,β says Michel Roig, SVP Business Line Payments & Access at Fingerprints.
Read more: INFINEON, FINGERPRINT CARDS JOIN FORCES TO DRIVE DEPLOYMENT OF BIOMETRIC CARDS