Credit card technology is in a never-ending race to stay ahead of criminals intent on racking up fraudulent charges on your account. The simple magnetic swipe that worked for many years is rapidly giving way to chip-and-PIN technology – but even that technology has weak points. Point-of-sale transactions are beginning to accept alternate technologies to traditional credit cards, such as contactless payments using near-field communication (Apple Pay, for example). Will the chip card become obsolete before it becomes dominant?
Don't count out card insertion technology just yet. MasterCard plans to introduce a variation of the chip-carrying credit card that uses fingerprint identification to produce secure point-of-sale transactions. The card is currently in a trial phase in South Africa, but MasterCard intends to expand testing to Asian and European markets within a few months, targeting a worldwide rollout...
from MoneyTips https://www.moneytips.com/credit-card-with-fingerprint-identification
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