Crédit Agricole trials biometric payment cards
Crédit Agricole and Germany’s G+D Mobile Security, have embarked on a six-month pilot project to test biometric payment cards, reports Jane Connolly.
The trial of contactless cards with integrated fingerprint readers is the first of its kind in France. If the pilot – involving 200 of the French banking group’s customers – is successful, the technology will be launched to market in 2020.
Produced and personalised by G+D Mobile Security, the biometric payment cards offer quick and easy contactless payments. Customers simply have to place a finger on the reader to authorise the payment and transactions are not subject to the usual contactless limit of €30.
Gabrielle Bugat, head of financial services solutions at G+D Mobile Security, says: “The future belongs to payment solutions that are both convenient and secure; Crédit Agricole is ringing in this future now, with our biometric card solution that ensures at all times the protection of the user through security by design.”
NXP Semiconductors and Mastercard are also partners in the project.
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